Remove 2007 Remove Collateral Remove Private Companies
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Transcript: Anat Admati

The Big Picture

So, until the financial crisis of 2007 and 2009 or however you go — you actually time it, I was in this finance bubble. Any kind, collateral, non-collateral. They don’t have collateral. ADMATI: We’re at the mercy of these private companies. RITHOLTZ: Because they’re private companies.

Banks 81
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Transcript: Gretchen Morgenson

The Big Picture

MORGENSON: Could be banks, could be Wall Street, could be private debt folks, but it’s — RITHOLTZ: This is very often securitized and sold off into the market as well? MORGENSON: It can be collateralized loan obligations, now it’s big private debt. But so you had these dividend recaps.