In short: Cited as evidence, not a stance — named with Guggenheim as a case where leverage and dubious assets pushed into an insurer ended in failure.
13:45But then you look at situations like 777 or like Guggenheim where the managers are in a hurry and they pile on the leverage, they put a lot of dubious assets into the insurance company and then the insurance company ends up failing. That's what we're seeing a lot of. So Jeffrey is absolutely dead right, which is that when we start to look at some of these carriers and we ask, can they pay their annuity holders? The answer is going to be no.
Nothing matches this filter.
Verbatim excerpts from the public transcripts (auto-pulled at each mention's timestamp, lightly cleaned). Timestamps link into the video; "source page" opens that commentator's full analysis at this row. Click a mention's header line to expand it (one open at a time). For personal study — not investment advice.