Submitted by ProudHeron5768 t3_yhs16s in wallstreetbets
Jvic111 t1_iufn06z wrote
Using the term ‘syndicate’ tells me they’re essentially creating a villain organization like in a Bond or MI flick.
finalspaceforce t1_iufzi9q wrote
more like Austin Powers coz this shit is comical
Far_Neighborhood_817 t1_iuhxt6h wrote
The term syndicate is used when multiple banks are involved in a loan. For example if it’s just JP Morgan it would be called a sole lender
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