Greg Lippman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

First episode in special series talking to senior figures in the CLO market

House Speaker Cameron Sexton wants to create a new kind of “opportunity” charter school option in Tennessee for at-risk youth.

HOMBRE Magazine - The world's leading publication for Latin men.

going up. i can't refinance and all of a sudden i'm defaulting. >> and steve eisman and others mike burry and others are sitting there watching this -- betting that it will all collapse. >> right. betting that it will all collapse. >> are they risking very much? i mean you go into the billions of dollars that they have invested in these bonds and then they -- let me finish this paragraph -- >> all right. you kind of hung up on this. >> well, i did because the paragraph here -- >> don't give your view as the impression that it's all so complicated because it isn't. i think it's pretty...

there was an argument that credit card companies were charging some poor guy 25% interest on overdrafts. if we can get that same guy. that same guy owns a house. he has equity in a house. we can justify limiting to him at a much lower rate because our loan is secured by the house. it will be good for everybody because he can pay off his credit cards. >> who is getting scant at this point? >> nobody should have been. in theory, it could have worked. the problem was, the consumers were poorly protected. the minute that the wall street firms were in the business of harvesting middle cla...