The repo men were sort of like, we're the good guys and we're just doing our job. No one understands how hard or how dangerous that is. You also have in some cases predatory lenders that are giving out loans with sky-high interest rates. It's a whole system that contributes to this kind of crisis.
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek."
Hosted by Carol Massar and Madison Mills
Hear the show live at 3PM ET on WBBR 1130 AM New York, Bloomberg 106.1 FM Boston, Bloomberg 960 AM San Francisco, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 119, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.
You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.
Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno @MadisonMills22 and @BW
See omnystudio.com/listener for privacy information.