Comments on: Bank fire sale reignites fear about asset quality http://blogs.reuters.com/breakingviews/2010/11/02/bank-fire-sale-reignites-fear-about-asset-quality/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: y2kurtus http://blogs.reuters.com/breakingviews/2010/11/02/bank-fire-sale-reignites-fear-about-asset-quality/comment-page-1/#comment-4557 Wed, 03 Nov 2010 21:17:12 +0000 http://blogs.reuters.com/columns/?p=4485#comment-4557 If you think WT’s valuation is shockingly low check out all the bank loan closed end funds. Exactly the same type of loans sliced, diced, pooled, and wrapped up in a closed end fund are suddenly worth a PREMIUM.

I own some bank loan funds which I bought at the depth of the crisis because at one point they seem priced for the world to end… the pendulm has swung to the other extreem. Investors proceed with caution.

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