What Caused the Collapse of Silicon Valley Bank?

Private Credit Firesale Begins: World's Largest Asset Manager Gates Investors In $26 Billion Fund Three weeks ago, when the largest US Private Credit-focused asset manager Blue Owl, was faced with a flood of redemptions due to its outsized exposure to software loans (which are very rapidly being repriced to zero thanks to the disruption from AI), the firm opted against reinstating quarterly redemptions on a retail fund and decided to return investor capital through assets sales instead (effectively also freezing the money in it and gating investors ) announcing a massive...

Fetterman Says Some Democrats Possibly Afraid To Reopen DHS Due To Party Activists Authored by Chase Smith via The Epoch Times, Sen. John Fetterman said Wednesday night that activist pressure within his own party is prolonging the partial Department of Homeland Security (DHS) shutdown, offering his observations from within the Democratic caucus for why the standoff has stretched into its sixth week. Appearing on Fox News’ “Hannity” on March. 25, the Pennsylvania Democrat said ongoing protests against the Trump administration—such as the “No Kings” rallies nationwide—have left some senators unwilling to vote...

Israel continues to carry out airstrikes against southern and eastern Lebanon in spite of the ongoing 10-day ceasefire today, killing at least three people in airstrikes and wounding at least others so far on Wednesday. Two people were killed in an Israeli strike against a car in the village of al-Tiri. A second strike was […]