Michael Taylor is a freelance columnist whose work is regularly seen in the Houston Chronicle and the San Antonio Express-News. He blogs about finance at Bankers-Anonymous.com. But he wasn’t always a writer by trade. In fact, he used to move vast amounts of money around in a hedge fund he founded. You see, he had this brilliant idea, buy up cheap debt. Then 2008 happened.
This track was recorded at the March 7, 2017 Worth Repeating with the theme "Big Breaks and Busts" Worth Repeating is Texas Public Radio's live storytelling event series.