leverage

Remember that deal on the Financial Crisis about Banks being Over Leveraged?

Remember those ooo so dusty minor points of how financial institutions were over leveraged and this was one of the causes of the financial crisis? Like Poltergeist....they're back!

Bloomberg:

Credit Suisse Group AG and Scotia Capital, a unit of Canada’s third-largest bank, said they’re offering credit to investors who want to purchase loans. SunTrust Banks Inc., which left the business last year, is “reaching out to clients” to provide financing, said Michael McCoy, a spokesman for the Atlanta-based bank. JPMorgan Chase & Co. and Citigroup Inc. are doing the same for loans and mortgage-backed securities, said people familiar with the situation.