It's a really tough time partially because of those high interest rates but also in the story you mention that the initial cost of the car is already too high for a lot of people. That's more than some people pay for rent every month so it's just it's really expensive out there folks. You know what's really it's like heartbreaking but you talk about negative equity it's never good but it's somewhat unusual or not among car owners right we see this.
Bloomberg News Editor-at-Large Erik Schatzker discusses the overhaul of Bridgewater Associates following founder Ray Dalio stepping down as head of the hedge fund. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Cyber and Emerging Tech Reporter Katrina Manson provide the details of Katrina's Businessweek Magazine story Russia’s Viasat Hack Exposed Satellite Industry’s Security Flaws. Bloomberg News Consumer Finance Reporter Paige Smith explains how car debt is piling up with more buyers $10,000 underwater on loans. And we Drive to the Close with Leo Kelly, CEO at Verdence Capital Advisors.
Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan.
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