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    <title>The Minutes of Marc Rowan on market history</title>
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    <description>Everything Marc Rowan has said on market history: 2 verbatim quotes from September 2025, each with a timestamp and a link to the recording it came from.</description>
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      <title>Rowan recalls that 25 years ago, the idea of levered loans trading seemed impossible because every loan was di</title>
      <link>https://minutesof.com/q/2f280aa7-a7c9-4f6e-8f81-5a763d016c86/</link>
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      <description>“Twenty five years ago, the notion that levered loans would trade was a fantasy. How could they trade? Every loan was different.” — CNBC Television</description>
      <pubDate>Wed, 03 Sep 2025 13:01:48 +0000</pubDate>
      <category>market history</category>
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      <title>Rowan recalls that twenty-five years ago the idea of tradable levered loans seemed impossible due to lack of s</title>
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      <description>“Twenty five years ago, the notion that levered loans would trade was a fantasy. How could they trade? Every loan was different. Every company was private. There were no benchmarks.” — CNBC Television</description>
      <pubDate>Wed, 03 Sep 2025 13:01:48 +0000</pubDate>
      <category>market history</category>
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