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Adam Cohen, founder of Covenant Review, joins Grant\u2019s for an insightful overview of our loosey-goosey credit market.

1:20 \u201cRead the footnotes,\u201d then and now

8:41 Where is the danger for lenders?

13:54 Potential consequences of widespread cov-lite

Subscribe to the Grant's Podcast on iTunes, Stitcher, iHeart Radio and Google Play Music.\xa0 Grant's Interest Rate Observer is available at www.grantspub.com

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