2008

4 statements across 4 episodes · 0 bullish · 3 bearish · 4 people on the record · first statement Dec 11, 2017 by Chris Acito · across every show →

Everything said about 2008, oldest first

Dec 11, 2017
Prediction Not checkable as stated
Acito: Investors waiting for another 2008-style crisis will not deploy capital
“And thankfully that's not going to be the next cycle. And I think for people who are going to wait for the apocalypse, apocalypse two to happen, I just, they're not going to get money to work. It's not going to be there, and they're going to be looking for som…”
Chris Acito Dec 11, 2017 ▶ 54:49 Chris Acito – Credit Where Credit is Due (Capital Allocators, EP.33)
Mar 18, 2020 bearish
Insight
Aitken: Post-2008 Rules Restrict Bank Capacity to Intermediate Volatile Markets
“Primary dealer balance sheets and large bank balance sheets around the world are necessarily more constrained as a result of what happened in 2008. But also that does rather limit their ability to intermediate markets, even markets as volatile as the ones we'r…”
James Aitken Mar 18, 2020 ▶ 7:48 James Aitken – Systemic Risk in a Crisis (Capital Allocators, EP.126)
Jul 26, 2021 bearish
Disclosure
A 2008 Bridge Loan Wipeout Made Ostrover Reluctant to Use Leverage
“Well, the crisis got worse after we bought it, and some of these loans fell 20, 30 points. Well, if you take 20 points times four, you've lost 80%. You take it times five, your equity is negative. And that's what we went through in 2008. And so I've been reall…”
Doug Ostrover Jul 26, 2021 ▶ 57:21 Private Equity Masters 6 – Doug Ostrover – Blue Owl Capital (Capital Allocators, EP.205)
Jun 3, 2024 bearish
Assertion Supported
Fink: Private Debt Has Not Operated Through a Real Distress Cycle
“On the other side, the private debt markets haven't really been around during a proper distress cycle. Because they really weren't of any size in 2008, which was the last time you had a real cycle.”
Anne-Marie Fink Jun 3, 2024 ▶ 43:56 Anne-Marie Fink - Cutting Edge Pension Investing at SWIB (EP.389)
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