If it really didn’t matter, all this electioneering drama would be good fun, wouldn’t it? Throw in some sex and a car chase and this would work on Netflix! Regrettably, in the real world, it is less than entirely amiable.
It is
Crunched Credit
Legal Commentary on the Commercial Real Estate Debt Markets, Economics, Politics and More.
Crunched Credit, published by Rick Jones, focuses on the intersection of commercial real estate (CRE) capital markets and securitization. The blog covers topics such as CRE collateralized loan obligations (CLOs), regulatory developments affecting capital markets, mortgage finance trends, and economic factors influencing interest rates and asset valuations. Rick Jones shares insights drawn from his extensive experience in capital markets, discussing market dynamics, risk retention rules, and transactional structures like direct issuance in CRE securitizations. The blog also addresses broader economic and policy issues impacting CRE finance, including government debt and fiscal policy implications.
Latest from Crunched Credit - Page 5
Regulatory Contagion
By Rick Jones
Last year, I wrote a commentary entitled Contagion. That commentary was inspired by the early days of the meltdown of the crypto currency market (long before SBF made the whole space way more notorious with a whiff of polymorphous titillation and the…
The Impalpable Reality of Bad News
By Rick Jones
Why am I still shocked that bad news gets no respect these days? No, I’m serious. It seems it doesn’t really matter when business, political or economic news stinks up the joint. The gestalt teases out a good news narrative.
Just think about…
Legal Opinions, So XX Century! A Modest Proposal
By Rick Jones
As I’m no longer compelled to talk my book (in fact, I actually don’t have a book), I can now talk critically about legal opinions. Not to bury the lede, but I am of the view that much of our transactional…
Hey Its the 4th of July! Upcoming Posts from Crunched Credit
By Rick Jones
Good morning readers. I am taking the week off so my next commentary will come out the following. Hey it’s a holiday week (and I retired from Dechert yesterday…) a terrific coda to a rainy weekend so a week off seems a proportional response!). Next week, it will be the flaws and basic silliness of legal…
The Entrepreneurial Lawyer (Or Banker[1])
By Rick Jones
I seem to be on a self-help kick here (maybe I’ve got interest rate PTSD and simply need to talk about something else). Last week I was pleading for a return of the in-person closing and now here I am bloviating…
Are We Partying for Perfection?
By Rick Jones
As I’m writing this, I’m getting ready to attend CREFC’s 30th New York City Annual Conference and bacchanal. Once again, we will enjoy the company of our confreres, we will network, we will get educated (yes, CREFC members do actually attend substantive…
In Defense of Closings Human-ware Style: Fixing Our Growing Lord of the Flies Problem
By Rick Jones
As many of you know, I am retiring from Dechert LLP but anticipate staying active in our industry in my advisory vehicle, Jackstay Investments, LLC. The firm has graciously given me the domain name CRUNCHEDCREDIT and hence, I will begin to resume publishing…
The Fed’s Conundrum: Godzilla vs. King Kong
By Rick Jones
It’s a good time for disaster movies…Civil War, The Day After Tomorrow, Armageddon and, of course, in the theatres right now, Godzilla vs. King Kong. Fun on the big screen, not so much in real life. Have you seen Godzilla vs. King Kong? A guilty…
How to Play It If Goldilocks Is in the House
By Rick Jones
I perhaps have a well-earned reputation for an excess of fascination for risks, downside, black swans and other things that prevent the good times from rolling. Lover of Schadenfreude. I hope not, but I do often feel compelled to point…