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A comment on Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy. Parent comment

Re:Instant Brands, maker of Instant Pot and Pyrex cookware, ... by hef19898 on Tuesday June 13, 2023 @05:20PM (#36317550)
I guess those loans are rather quickly sold on to third parties, either as bundles or stand alone. Kind of like what happened to MBS, mortgage backed securities.
[ Parent | on HN ]
Re:Instant Brands, maker of Instant Pot and Pyrex cookware, ... by ajsnigrutin on Tuesday June 13, 2023 @06:11PM (#36318310)
Also, a lot of the time, the government will bail them out, and they can continue doing that.
[ Parent | on HN ]