The Gates Are Up
39:33–40:44 · 72s
Sorkin explains why private-credit funds are spooking markets: ‘semi-liquid’ products can halt withdrawals when too many rush out, creating a run-on-the-bank feeling.
39:33–40:44 · 72s
Sorkin explains why private-credit funds are spooking markets: ‘semi-liquid’ products can halt withdrawals when too many rush out, creating a run-on-the-bank feeling.
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