Question: An Fl is a lender and a bond trustee. Which is a risk if the borrower becomes distressed? Conflict of interest, if Fl protects own

An Fl is a lender and a bond trustee. Which is a risk if the borrower becomes distressed? Conflict of interest, if Fl protects own credit to detriment of borrower and bondholders Financial risk, if borrower default lowers FI's UBPR score Notional barrier or "wall" risk, if information flows are prevented O "Commissions" or "fees" risk, if they could really be bribes

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