How Wall Street Used Your Retirement Money To Buy Sports Teams

A billion-dollar loan linked to Guggenheim Investments is trading at distressed levels, signaling trouble for Mark Walter’s financial empire.

Source: DepositPhotos

What is happening inside Mark Walter’s financial empire - which until recently included the LA Lakers - has the potential to blow the lid off the entire private credit story - if not the whole debt cycle. A billion-dollar loan connected to Guggenheim Investments is trading at roughly 73 cents on the dollar, a price normally associated with serious distress. And that's only where this crazy story begins.

Video Length: 00:21:34


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