Technology

68247 readers

3391 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago

MODERATORS

[email protected]

277

Wall Street Banks Prepare to Sell Billions of Dollars of X Loans (www.wsj.com)

submitted 2 months ago by [email protected] to c/[email protected]

52 comments fedilink hide all child comments

Mirror: https://archive.is/2025.01.24-212950/https://www.wsj.com/finance/banking/wall-street-banks-prepare-to-sell-billions-of-dollars-of-x-loans-c609beb1

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 4 points 2 months ago (1 children)

I think you’re missing the point. There are no physical assets. There is users and engagement. That can be used to push a narrative or to sell advertising. As users leave, neither works and there is nothing to sell.

[–] [email protected] 0 points 2 months ago (1 children)

There are physical assets, though. Hopefully enough to pay employees, and possibly enough for this deal to be profitable. It's a risk, but not a crazy one.

[–] [email protected] 2 points 2 months ago

Yes, there are, but minimal physical assets. That's the point. They likely aren't even enough to pay employees.