Milken: Loosening of Bond Covenants Presents Challenges

The video discusses the current state of debt issuance at low interest rates, highlighting the benefits for equity holders and the challenges for investors due to generous terms and loosened covenants. It touches on the unpredictability of interest rate movements and the need for companies to seek higher returns. The conversation shifts to the impact of post-crisis regulations on risk and leverage, noting the growth of nonbank banks and peer-to-peer lending. Finally, the video covers philanthropic efforts in addressing obesity and public health challenges, emphasizing the work of the Milken Institute in collaboration with George Washington University.

In what ways has the increase in leverage ratios prior to 2007 impacted the financial landscape?

What initiatives is the Milken Institute pursuing to address the health challenges related to obesity in America?