It’s not just SVB: Blackstone defaulted on $562M in CMBS and was blocking investor withdrawals on $71Bn in real estate income trusts at the beginning of March. Is it possible SVB is a victim of contagion and not an origin event? - The Great Awakening

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It’s not just SVB: Blackstone defaulted on $562M in CMBS and was blocking investor withdrawals on $71Bn in real estate income trusts at the beginning of March. Is it possible SVB is a victim of contagion and not an origin event? (www.zerohedge.com)

posted 1 year ago by GetsTheNogginJoggin 1 year ago by GetsTheNogginJoggin +287 / -0

Blackstone Defaults On $562MM CMBS As It Keeps Blocking Investor Withdrawals From $71BN REIT

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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– mengderen 2 points 1 year ago +2 / -0

That's why there are reports of Wells Fargo (WF) bailing in by stealing depositers funds. Somehow the rationalizations are strong enough to quell their amputated consciences.. 😒

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