Tim Bray 🇨🇦 on Nostr: Wow, Baldur has dug up a gem here. Savor this paragraph: ...

Wow, Baldur has dug up a gem here. Savor this paragraph:

quoting
nevent1q…r9qy

https://www.quinnemanuel.com/the-firm/publications/client-alert-emerging-litigation-risks-in-financing-ai-data-centers-boom/

> Data center debt has increasingly been repackaged and sold to a wider pool of investors through asset-backed securities (“ABS”) and commercial mortgage-backed securities (“CMBS”).

This has never backfired, right?