Who (Almost) Killed Home Capital Group?
Released Wednesday, 31st March 2021
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Who (Almost) Killed Home Capital Group?
Who (Almost) Killed Home Capital Group?
Wednesday, 31st March 2021
Good episode? Give it some love!
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On April 21st, 2017 Canadian lender Home Capital reported strong Q1 earnings, minimal credit losses, and a robust level of shareholder equity.
Less than one week later the lender nearly failed.
This is a story about short selling, Canadian housing and Warren Buffett's least-known bank rescue.
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