Episode 244 • • 25:29 - 30:35
244: Form 990
Alex Sanchez, Florida Bankers Association, Bloomberg Interview
Alex Sanchez, CEO of the Florida Bankers Association, appeared on Bloomberg Television to argue against foreclosure moratoriums. Sanchez claimed that banks find foreclosure painful and only pursue it as a last resort, while emphasizing that clearing foreclosures is necessary for economic recovery. The interview is criticized for the perceived cozy relationship between the banker and the journalist.