Lakers Sale Reveals Wall Street Is GAMBLING With YOUR Insurance Money | Chuck Todd Politics

Chuck Todd digs further into the question underneath the ToddCast's Los Angeles Lakers special report about Bob Iger and Josh Kushner buying the NBA franchise: with private credit over $1.5 trillion and life insurers holding roughly $900 billion of it, is Mark Walter an outlier or the canary in the coal mine? Chuck’s answer is that he isn't an outlier at all — this is how the machine works now, in a corner of finance where no single regulator can see the whole picture and where the real worry may be inflated valuations.

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