2 points | by jgalt212 8 hours ago
1 comments
Cynically, I think Apollo and Blackstone will probably benefit more if there's a default. I don't know what Blackrock's angle is here--unless they've been able to create a tranche that creates money market-like cashflows.
Cynically, I think Apollo and Blackstone will probably benefit more if there's a default. I don't know what Blackrock's angle is here--unless they've been able to create a tranche that creates money market-like cashflows.