The pundit says, "testicles" when he means "tentacles." The gist is that an investment firm extends their testicles/tentacles into some market that has got them in trouble.
Think of horror film with Ivy League hedge funders directing their tentacles through tract homes and trailer parks skewering and strangling unsuspecting people, some in the act of prayer to their fatherly leaders and free markets.
You can now substitute (at your own risk) testicles.
Would anyone shout, "it's the rapture?"
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