Remove Leverage Remove Math Remove Transportation Remove Treasury
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Transcript: Cathy Marcus, PGIM Real Estate

Barry Ritholtz

I was always good at math, but I really, I just didn’t relate to things that were more esoteric bonds options. But if you are in an old office building without great light, you have low ceilings, you have no amenities, you don’t have a lot of wellness attributes to your building, you’re not in your public transportation.

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Transcript: Sean Dobson, Amherst Holdings

Barry Ritholtz

We participated in that with treasury and FHFA and the regulators, the White House. It’s that the, so that’s the core competency and it’s just leveraged into, if it’s a loan, if it’s a security backed by a loan, if it’s the actual estate itself. So from a data perspective, think about it this way.

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Transcript: Gretchen Morgenson

Barry Ritholtz

In fact, I think Secretary of the Treasury at the time said the market will work out these things and they will not become a problem. When you look at the history of the ’80s and even ’90s era LBOs, they seem to be a lot of lesser-known, not necessarily consumer-facing companies, transport and logistics and manufacturing.