{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"ACLI's Chavern on private credit's impact on insurance protection","description":"David Chavern, president and chief executive officer for the American Council of Life Insurers (ACLI), discusses how insurance companies \u2014 who have been investing in private credit situations long before those investments were available to the general public \u2014 are withstanding the risks that critics say could cause the next financial crisis. Chavern also discusses the changing role of insurance, and specifically annuities, in financial planning as the last generations to get pensions are reaching retirement age and the next group of savers is looking for consistent, stable income later in life. Howard Dvorkin, chairman at Debt.com, discusses \u201cpig butchering,\u201d a sophisticated financial scheme where criminals build a relationship with victims online and then persuade them to invest in fake crypto or other fraudulent schemes. The bad guys' efforts have been bolstered by the development of artificial intelligence, making it easier to connect with targets \u2014 often the elderly or young, naive newbie investors \u2014 for them to "fatten them up" before slaughter.   Stash Graham, managing director at Graham Capital Wealth Management, talks stocks in the Market Call.  In an issue related to the private-credit concerns discusses in the Chaven interview, Graham takes a particular interest now in some of the business-development companies that have been tarnished by recent lending issues and portfolio re-valuation problems, noting that their are solid long-term business reasons to ride out the current headlines expecting a long-term payoff. ","author_name":"Money Life with Chuck Jaffe","author_url":"http:\/\/moneylifeshow.com","html":"