
Surveillance: Fed & Inflation with Rogoff (Podcast)
Bloomberg Surveillance
00:00
Is It a Vanity Project Versus an Investment?
Ken rogoff: We've never seen before this uncertainty. Wyl mark lazary has been a big distressed debt investor for decade, but in the last couple of years, he's really gotten out of that business. He's going into lending a bit, but he's hoping, i guess, that there'll be more distressed at opportunities as interest rates go up. And some companies aren't able to do what they thought they were going to do.
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