Summary: <p>Peter Whoriskey, a reporter and staff writer for <em>The Washington Post</em> discusses his recent article, “<a href="https://www.washingtonpost.com/business/economy/a-way-of-monetizing-poor-people-how-private-equity-firms-make-money-offering-loans-to-cash-strapped-americans/2018/07/01/5f7e2670-5dee-11e8-9ee3-49d6d4814c4c_story.html?noredirect=on&utm_term=.95269d6c7073" target="_blank">A way of monetizing poor people: How private equity firms make money offering loans to cash-strapped Americans</a>.” Whoriskey looks at one company in particular, Mariner Finance, and how it targets low-income Americans and offers them high-interest loans. By “mass-mailing checks...the company enables some of the nation’s wealthiest investors and investment funds to make money offering high-interest loans to cash-strapped Americans.”</p> <p><em>This segment is guest hosted by Arun Venugopal.</em></p>
