How about starting up lending operations - at highly advantageous rates, of course - targeting companies no longer able to secure financing through conventional banking channels following the credit collapse?
According to a recent article by The New York Times on 13 June, that's exactly what some hedge fund managers have started doing. And not out of altruism, either.
According to the Times, more than 100 hedge funds are already pursuing "asset-based lending" activities, and bigger fish such a
Anthony and James talk AI and ESG, Reg SCI and the SEC, and Game of Thrones and Dragons.Subscribe to Weekly Wrap emails