"There are still billions of dollars of assets that need to be disposed of by banks. Institutions are still holding large pools of illiquid structured credit products."
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"There are still billions of dollars of assets that need to be disposed of by banks. Institutions are still holding large pools of illiquid structured credit products."

--Celestino Amore, ceo and founder of IlliquidX, on London financial boutiques buying up distressed, illiquid assets from large financial institutions.

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