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Uncovering the Wall Street Connection
Exploring the backgrounds of key Wall Street figures, including David Glass, and their involvement in the unregulated cash advance industry resembling payday lending for small businesses. Shedding light on the link between cash advance companies and private credit firm Basement Capital, with discussions on the lack of oversight and potential pitfalls for small business owners. Reflecting on the philanthropic ambitions of billionaire Leon Cooperman amidst accusations against a cash advance company, as well as the controversial transitions and funding in the private credit market affecting small businesses.