Joshua Franklin
speaker
155 appearances
1 recordings
1 series
first heard Jul 2026
last heard 23 Jul
Joshua Franklin’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.
Appearances
Yeah.
Sorry, longer duration assets, which have a higher yield.
Yes.
And we can improve our margins that way.
JP Morgan didn't do that to nearly the same extent as Bank of America did.
And people would ask them, analysts would ask them, why aren't you doing this?
Yes.
Right?
And it was not an easy decision to make.
Yeah, and it was for a long time.
And then...
rates start going up.
And then not only do rates start going up in 2022, but they start going up a lot faster than people were expecting.
This was the whole inflation's transitory argument and everything like that, which- We remember well.
Yeah, yeah.
Exactly.
And so when that happened, Bank of America had a lot of securities that on paper were worth less if they wanted to sell them.
On paper.
On paper.
But on paper, it was one of the biggest losses in the history of Wall Street.
Showing 81–100 of 155 · page 5 of 8
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