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A comment on Lambda School leaked documents show poor performance over the last two years. Parent comment

Re:Lambda School leaked documents show poor performance over... by eru on Tuesday October 26, 2021 @02:58AM (#28997233)
> Or the timeless play of load it with debt, payout themselves and declare bankruptcy.

Well, as long as they sell the bonds only to consenting adults, what's wrong with that?

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Re:Lambda School leaked documents show poor performance over... by Frondo on Tuesday October 26, 2021 @09:46AM (#29000309)
This model is not good for society as a whole.
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Re:Lambda School leaked documents show poor performance over... by eru on Tuesday October 26, 2021 @10:13AM (#29000659)
What do you mean?

Some people prefer riskier investments. Let them have it.

Other people prefer safer investments, let them have what they want, too.

There's nothing inherently sacred about bonds. It's just a contract that basically says 'either we pay you x dollars on time, or you get to take ownership of the company'.

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Re:Lambda School leaked documents show poor performance over... by njarboe on Tuesday October 26, 2021 @03:19AM (#28997343)
"consenting adults"

By that did you mean "the Fed"?

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Re:Lambda School leaked documents show poor performance over... by eru on Tuesday October 26, 2021 @03:25AM (#28997390)
No, I did not mean the Fed. Why?

The Fed mostly buys government debt, don't they? Have they recently taken to buying private equity debt?

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Re:Lambda School leaked documents show poor performance over... by njarboe on Saturday October 30, 2021 @03:54AM (#29046915)
They started buying them during the pandemic but, looking into it in more detail, it looks like it was only a few tens of billions, so not that much.
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