PYMNTS
APRIL 4, 2018
Petal wants to change the math on how consumers gain access to credit – and turn the tables on how creditworthiness is assessed. Today, they mostly can’t – but in the world of Petal’s newly released product with WebBank , it is their sincere hope that availability becomes a more regular part of the financial system, and soon.
CFO News Room
NOVEMBER 18, 2022
To understand it, you have to go back to before the crisis was apparent to everyone — both during the Great Depression and during the 2008 financial crisis. Back before it became apparent that a financial crisis was happening, there was an immense amount of leverage in the banking system over which Bernanke had a responsibility to regulate.
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Barry Ritholtz
FEBRUARY 13, 2023
You know, people are comfortable, leverage builds. You know, the leverage in the system builds. You know, started with Bear Stearns, and then all of a sudden, financial institutions are levered entities. And you know, you have whether it’s derivatives, the intertwined financial system. Where are we?
PYMNTS
OCTOBER 16, 2017
The ability to use an anonymous single currency to power a decentralized, permissionless distributed ledger operating over the public internet where miners compete to solve the math problems that enable the processing of transactions is a remarkable innovation. He leveraged existing infrastructure and built on top of it. In concept.
Barry Ritholtz
APRIL 8, 2024
I’d been ranked i i back in the seventies, if you can do the math. 00:31:28 [Speaker Changed] But you had no idea they were running a hundred to one leverage? But anyway, you know, that, you know, darn near blew up the global financial system right outta 00:31:40 [Speaker Changed] The blue an an early warning shot, right?
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