Online Lender Suspends Redemptions, Shuts Down Amid Flood Of Defaults, Unemployment Surge
Apr 7th 2020 3:50pm EDT
Online Lender Suspends Redemptions, Shuts Down Amid Flood Of Defaults, Unemployment Surge Over the weekend we explained just why there has been such an unprecedented scramble to use up bank revolvers over the past month, which according to JPM have seen drawdowns of roughly $300 billion so far in 2020. The reason: as clients of […]
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