Ken Moelis Sounds Alarm on Extra Leverage Hidden in the System

February 16, 2021 0 By boss

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“Our big competitors, even the most solid ones, are levered 10 or 12 to 1 — that’s just the way a big bank works,” Moelis said. “When things get in trouble, they have to pull back. We do the opposite. We have no leverage, and we move forward. I like to get aggressive when everybody else is moving backward.”

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