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Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund
Blue Owl Plunges After Halting Redemptions On Private Credit Retail Fund
Things are getting from bad to worse for Private Credit giant Blue Owl Capital.
The last time we looked at the firm's precarious liquidity situation about a month ago, we found that the Blue Owl BDC would allow for 17% redemptions as investors, burned by both the tumbling stock price and the company's massive exposure to ticking private credit time bombs, were storming for the exit.
Blue Owl BDC Allows for 17% Redemptions as Investors Storm Exit: BBG
— zerohedge (@zerohedge) January...
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Mar 28, 2026 / Tyler Durden
US 'Only Certain Of Having Destroyed A Third' Of Iran's Missiles
US 'Only Certain Of Having Destroyed A Third' Of Iran's Missiles
Via Middle East Eye
The US is only certain it has destroyed around a third of Iran's missiles, despite comments from President Donald Trump boasting of military success. According to five people familiar with the US intelligence who spoke to Reuters, the status of around another third is less clear. However, US-Israeli strikes have likely damaged, destroyed or buried those missiles in underground tunnels and bunkers.
Iran's drone capability has also likely been reduced by a third, another source said. The assessment, which comes...
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May 9, 2026 / Tyler Durden
Frontier Jet Hits Person On Takeoff, Engine Erupts In Flames At Denver
Frontier Jet Hits Person On Takeoff, Engine Erupts In Flames At Denver
A shocking runway security incident unfolded late Friday at Denver International Airport after Frontier Flight 4345, an Airbus A321 bound for Los Angeles, struck an individual during its takeoff roll, forcing the crew to abort.
Full transcript of the ATC audio:
Frontier 4345 (pilot): Tower, Frontier 4345, we're stopping on the runway. We just hit somebody and have an engine fire.
DEN Tower: Frontier 4345, I see that.
DEN Tower (to Frontier 4345): Frontier 4345, I'm going to be rolling the trucks now....
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Apr 22, 2026 / Robert Aro
39 Going on 40 (Trillion)
39 going on $40 trillion is an achievement only in the sense that many once thought we’d never see numbers this large.
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