Bob's Daily Buzzword: `First Loss Account'

May 24 (Bloomberg) -- Bob Rice, general managing partner with Tangent Capital Partners LLC, explains "First Loss Account." (Source: Bloomberg)
Crude Rise Surprise
42:26 - Oil prices climbed above $68 for the first time since December, despite some analysts saying that this would be a bad year for crude. Bloomberg’s Ryan Chilcote tells Jonathan Ferro on “On The Move”, what’s behind this.
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