News, features and opinion on the Global Financial Crisis of 2007-2008, including the collapse of Lehman Brothers and how the ...
As if the economy isn’t already in enough chaos, the banks are reviving credit default swaps. Hold on to your butts!
Tobias Adrian, the IMF’s monetary and capital-markets director, says incentives today are better aligned among issuers of private credit and investors in it than was the case when subprime mortgage ...
Jeffrey Gundlach thinks private credit will be the flash point of the next crisis. The CEO of DoubleLine Capital says he's concerned about the industry's lending practices. He recommends investors ...
Sen. Elizabeth Warren (D-Mass.) warned on Thursday that investments in artificial intelligence could trigger a potential ...
Senate Banking Committee ranking member Elizabeth Warren, D-Mass. WASHINGTON — Sen. Elizabeth Warren, D-Mass., is pressing the Federal Reserve for records relating to the actions of Kevin Warch, a ...
Senator Warren says the 'reckless behavior of a few billionaires' poses a huge risk to us all.
Blue Owl Capital and its BDC OBDC exemplify the rapid growth and leverage-driven returns in private credit. OBDC's 11% ROE is largely fueled by leverage; unlevered returns would approximate high-yield ...
Uncertainty over which banks had large losses from underwater subprime mortgage securities led to the collapse of Lehman Brothers in 2008. Private credit is a top vulnerability in the global economy, ...