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Trump Announces Pick For New Small Business Administration Chief

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If confirmed, Carranza will replace World Wrestling Entertainment Co-founder Linda McMahon, who is stepping down as SBA administrator to help Trump with his re-election efforts. On Friday (March 29) it was revealed that McMahon would leave the position, Trump announced, adding that she has done an “outstanding” job.

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Transcript: Greg Davis, CIO Vanguard

Barry Ritholtz

RITHOLTZ: We’ll talk a little bit about leadership and crew development a little later. So let’s discuss leadership and what you do to develop crew members and to identify and foster other people’s leadership skills. So, Ken ended up being one of the best bosses I’ve ever had in my career.

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Transcript: Ken Kencel

Barry Ritholtz

So obviously, risk managers, you know, and CROs were very focused on how do we manage that risk and diversify that credit risk that they were taking on in mid-market companies. It’s ultimately about leadership, right? KENCEL: Well, look, it’s all about entertaining people. KENCEL: Exactly.

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Transcript: Robert Koenigsberger

Barry Ritholtz

So we have to think about credit risk like everybody else. But at the end of the day, emerging markets risk is about credit culture, people, how do they behave in times of duress in the past, predict how they’re going to behave in the future. I’m not going to say I do it as well in Spanish as I do in English.

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Transcript: Rick Rieder

Barry Ritholtz

But there are so many tools at your disposal, and let alone how much duration you’re taking, how much interest, how much credit risk you’re taking, illiquidity, et cetera. And how do you make the decision, I’m not comfortable with this credit risk relative to the return it’s going to throw off?

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Transcript: Armen Panossian

Barry Ritholtz

I’m not, I’m not really into fiction or, or entertaining reading. And again, the equity checks being written by the private equity firms, generally speaking, are over 50% of the capital needed to buy the business. How has that spread changed now that the floor is five, five point half percent for, for fed rates?