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The hidden world of private credit: Big money, little oversight
Two Mikes on America Out Loud – Jamie Diamond, the CEO of JPMorgan Chase, has publicly condemned the unregulated private credit companies - and for good reason! Mr. McManus has done extensive research into the Private Credit Industry and found that the industry is successful and now has a nationwide value of two trillion dollars, but that no government regulations govern its operations and lending behavior...
The skinny
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