April 4, 2016· 27 min

22: The Unbearable Brightness of Being a Shadow Bank

Orality
Model
71%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostTracy Alloway(1,050 words)
M:29%
HostJoe Weisenthal(2,777 words)
M:93%
GuestDan Zwirn(933 words)
M:30%

Oral Indicators

Agonistic35%
literally, completely, basically
Engagement68%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
about (39x), know (36x), they (34x)
Parallelism86%
So no billions for us...., But he's never actually done t..., So what he does must be intere...
Sound Patterns60%
32 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases11%
at the end of the day, to be honest, if you will

Literate Indicators

Hedging11%
maybe, could, might
Passive Voice11%
is controlled, be missed, be filled
Abstract Nouns18%
investment, recommendation, opportunity
Subordination11%
because, until, however
Sentence Length39%
Avg: 14.7 words/sentence
Word Complexity47%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style32%
359 personal pronouns found
Descriptive Style100%
literally, completely, really

Description

A high-flying hedge fund manager lost everything back in 2007 after an accounting scandal prompted investors to pull money from his $12 billion fund. Almost a decade later, Dan Zwirn has been cleared of all wrongdoing by U.S. securities regulators and is busy rebuilding his investment empire, specializing in lending to companies that don't usually have access to traditional bank financing. Zwirn's new fund, Arena Investors LP, is one of a crop of so-called shadow banks seeking to plug a financing gap exacerbated by the financial crisis and new regulation. Max Abelson of Bloomberg News co-hosts this week's episode, in which we talk the pros and cons of non-bank financial intermediation. See omnystudio.com/listener for privacy information.