This Morning With Gordon Deal

This Weekend with Gordon Deal November 15, 2025

Nov 15, 2025
Scott Calvert, a reporter at The Wall Street Journal, shares his thrilling experiences riding alongside repossession agents, highlighting the dangers and the tech reshaping the repo business. Emily Stewart from Business Insider delves into prediction markets, exploring their blurred lines with gambling and their rise in popularity. Patrick Holland of CNET discusses the impressive battery life of the iPhone 17 series and how it outperforms its predecessors. Lastly, Jessica Dickler from CNBC sheds light on tuition discounting, revealing the misleading nature of college sticker prices.
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ANECDOTE

Night Shift With A Repo Team

  • Scott Calvert rode with Speed Kings Recovery and observed agents hunting for over 1,100 cars across MD, VA, and D.C.
  • He described tense encounters including an agent being shot at and a driver locked behind a gate who threatened to get a gun.
INSIGHT

Forwarders Squeeze Repo Profits

  • Repossession firms now earn far less per car due to intermediaries called forwarders, turning the business into a volume play.
  • Operators compensate by using technology to find more targets and increase throughput despite slim margins.
INSIGHT

Tech Powers Modern Repossession

  • Tow trucks act as mobile command centers with laptops, multiple phones, and license-plate scanners to detect targets in real time.
  • The tech increases finds but is hampered by outdated addresses, false positives, and deliberate hiding by owners.
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