36 Little by little and then all at once. Kinks in the banking industry. (www.linkedin.com) posted 200 days ago by mitmont123 200 days ago by mitmont123 +36 / -0 Fitch downgrades NYCB to junk | LinkedIn Fitch said the decision followed a review of NYCB’s risk profile, noting its “concentrated exposure to commercial real estate.” 3 comments share 3 comments share save hide report block hide replies
Also an insane number of swaps and derivites.
Way worse than 08.
They also have massive short positions on stonks.