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Inside the Financial Storm: Expert Randy Woodward Unravels the Terrifying Truth of Credit Risk

Lead-Lag Live

00:00

The End of the World: A Manipulated Financial Crisis

"I love that we're going this direction out of the gate. I've called this whole thing a manufactured financial crisis," he said. "What has been right in terms of the narrative around the regional banks and what have people gotten most wrong? Most wrong is that simple comments like the banks bought bad bonds or the banks bought bonds that were too long with 20 and 30 year maturities."

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