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Risk premiums for bank debt are "highly unlikely to ever return to their former levels,"...

Risk premiums for bank debt are "highly unlikely to ever return to their former levels," according to a report from Moody's, thanks to baggage still carried from the financial crisis. "This is a terrible time to be a bank, but it may be a wonderful time to start a bank," says Jason Trennert, commenting on Goldman's beefing-up of its in-house bank.
Comments (2)
  • So, explain why virtually all bank preferreds are selling at or above par.
    17 Jul 2012, 07:46 AM Reply Like
  • I haven't a clue as to what this little story means or amounts to. Can anyone edify me.
    17 Jul 2012, 01:54 PM Reply Like
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