1.21.26 Global Sell Off; Polunsky Beitel Green’s Marty Green on Political Posturing; Davos Remarks

While “Sell America” goes on, or at least the perception of it, outside our borders, leading to bond prices going down and rates going up, in this country we are learning the difference between a pardon, a commutation, and clemency. I continue to hear how fraud, especially occupancy fraud, in residential lending is on the upswing. President Donald Trump commuted the five-year prison sentence (freed, but conviction stands) of a New York real estate manager convicted of fraudulently obtaining nearly $50 million in loans by overstating the value of apartment buildings in Hartford.