Andrew Park, senior editor at S&P Global's LCD unit, joins Grant's to discuss all things credit.
1:35 The current cycle: What's different?5:45 CDOs in 2008 and CLOs today. Similarities and differences12:01 Promised acquisition strategies: Dreams don't always come true15:55 Credit managers need new supply, and borrowers happy to oblige
James "Jim" Grant is an American writer and publisher and the founder of Grant's Interest Rate Observer, a twice-monthly journal of the financial markets. He is the author , most recently, of The Forgotten Depression: 1921: The Crash That Cured Itself. Grant's television appearances include "60 Minutes," "The Charlie Rose Show," Bloomberg TV, CNBC and other well-known financial news sources. His journalism has appeared in a variety of periodicals, including the "Financial Times", "The Wall Street Journal" and "Foreign Affairs."