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David Ndii @DavidNdii on x 1.2M followers
Created: 2025-07-20 10:24:00 UTC
A Primer on Securitization
Farmer Kurgat ole Kamau has defaulted on a bank loan. His dairy farm is about to be auctioned. He can sell cattle and pay arrears, but he will lose his income so that would just be kicking the can. He will soon be in arrears again.
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Related Topics ole collateralized debt obligations