The lenders are not at risk. The borrowers are at risk.
Every one of them is lending money based on appraised values of collateralized assets, and packaging loans for resale on the secondary market. Any one of these lenders could be prosecuted by Leticia Mugabe under the same stupid law they applied in Trump’s case.
In fact, every institutional investor and lender in New York should have opened up their business day yesterday with an internal initiative to appraise all of their assets at $0 and deal with them accordingly. It may be the only protection they have under the law as applied.