Leveraged loans,” extended to junk-rated and highly leveraged companies, are too risky for banks to keep on their books
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He wondered if he should disclose the truth to his friends. It would be a risky move. Yes, the truth would make things a lot easier if they all stayed on the same page, but the truth might fracture the group leaving everything in even more of a mess than it was not telling the truth. It was time to decide which way to go.
