Access to affordable credit helps me pay my employees, but I don't really need it.

Infliction is killing me!

But who cares? Big retailers are making record profits!

That's why we support the Durban Marshall Credit Card Bill!

See? Banks and credit unions help small businesses make payroll.

This bill would cut the vital resources they need.

While increasing megastore profits, they deserve it. Don't they?

Tell Congress, stop the Durban Marshall money grab for corporate megastores. Paid for by the Electronic Payments Coalition.

Hello, everyone, and welcome to Ed Barron's. I'm Andy Surwer. And welcome to our guest, Henry Cabot Lodge,

the third founding partner of Lodge Quay. Kabat, great to see you. Thank you so much for joining us.

Thank you, Andy. It's a pleasure to be here. So tell us about your investment firm, Lodge Quay. What is exactly what they do?

Well, it's a business that, in an industry that I've been involved with for G, 45 years, I think.

I've switched between running the credit tenant lease business for New York Stock Exchange companies and

then going into starting my own business. The first foray was with William E. Simon, former

Secretary of the Treasury, where we formed a fund that we merged into the largest publicly

traded real estate company in New York Stock Exchange.

I left there to start another fund with a guy named Ray Wurta who had just formed CBRE.

He was CEO and chairman.

And I then went back to Europe with Bill Carey at a company called W.P. Carey and was president there for four years.

And I found that Europe was very interesting for this asset class because, well, for a number of reasons which we can get into later.

But there was a point in European history, I'm sure you'll remember, the area of the Pigs

where it was uncertain whether U.S. investors wanted to invest dollars in Europe.

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