• 2:23:52 - 2:28:36
Nightmare Announcement: Pfizer CEO Says Covid Emergency Will Never End - FULL SHOW 9/27/21
Eric Rosengren Resignation, Corporate Buyout Boom
Boston Fed President Eric Rosengren announces his early retirement following revelations of his individual stock trading in 2020. Meanwhile, corporate buyout lending has soared to nearly $120 billion, fueled by cheap money from the Federal Reserve. This "buyout boom" is described as a mechanism for private equity firms to consolidate wealth while the middle class faces declining income.