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A comment on WeWork Parent Weighs Slashing Its Valuation in Half. Parent comment

Re:WeWork Parent Weighs Slashing Its Valuation in Half by atm0sphere on Thursday September 05, 2019 @10:48AM (#20887225)
tbtf. fed will step in
[ Parent | on HN ]
Re:WeWork Parent Weighs Slashing Its Valuation in Half by jonwachob91 on Thursday September 05, 2019 @12:58PM (#20888606)
The Federal Reserve only steps in when there is 1) system wide risk, and 2) when the company they are interfering with owns enough assets to guarantee the fed loans.

* Bear Sterns had healthy assets, Lehman Brothers did not. AIG had enough healthy insurance premiums to guarantee the loan to fix the unhealthy insurance products. Fannie Mae and Freddie Mac owned the home mortgages assets.

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1) WeWork doesn't have a substantial enough real estate position to bring down the entire real estate system.

2) WeWork doesn't have any assets to guarantee a fed loan.

[ Parent | on HN ]
Re:WeWork Parent Weighs Slashing Its Valuation in Half by atm0sphere on Thursday September 05, 2019 @01:06PM (#20888709)
should have put an /s
[ Parent | on HN ]
Re:WeWork Parent Weighs Slashing Its Valuation in Half by psv1 on Thursday September 05, 2019 @10:51AM (#20887261)
No chance this will happen.
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Re:WeWork Parent Weighs Slashing Its Valuation in Half by CountSessine on Thursday September 05, 2019 @10:52AM (#20887282)
Unlikely.
[ Parent | on HN ]
Re:WeWork Parent Weighs Slashing Its Valuation in Half by Twirrim on Thursday September 05, 2019 @11:32AM (#20887725)
Why?
[ Parent | on HN ]