alt Hacker NewsTrouble has been brewing in private credit for quite a while, but lenders and investors have been reluctant to write anything down, resorting to all kinds of "extend and pretend" games to avoid write-downs.[a]
tick-tock, tick-tock, tick-tock...
---
Replies
boringg • today at 3:17 PM
There are limited ways to short these positions which would probably add some fuel to the fire.
➕ show 1 reply
RobRivera • today at 2:34 PM
What kind of trouble is brewing from the migration of partner capital committment to credit based on NAV?
What is the risk, probability of actualizing the risk, and the outcome of actualized risk?
The ticktock ticktock routine reads like baseless fearmongering to me.
➕ show 1 reply
The only problem is allowing regulated US banks with an implicit gov guarantee to lend money to them.