We Act in a World of Uncertainty, Not Probabilities

BlackRock Private Credit Fund Cuts Asset Values By 5%, As Golub Gates After 8.5% Redemptions Just another day in private credit paradise... er, hell.  One day after Gundlach repeated his warning that the private credit crisis will end in tears for bagholders, Blackrock cut the value of its publicly-traded private credit fund by about 5%, as it - like most of its peers - struggled under the weight of troubled loans, markdowns and lower returns. BlackRock TCP Capital Corp., a publicly traded middle-market lending fund, said markdowns totaled $35 million in the quarter...

Where Homosexuality Is Still Punishable By Death The latest data from ILGA - the International Lesbian, Gay, Bisexual, Trans and Intersex Association, a global federation that monitors laws and rights affecting LGBT people - show that consensual same‑sex relations remain criminalized in a significant number of countries, with a small but deadly minority still prescribing the death penalty. You will find more infographics at Statista">As Statista's Tristan Gaudiat shows in the chart below, according to ILGA’s database, over 60 countries around the world still criminalize consensual same‑sex activity, mostly through prison sentences of varying...

Debbie Dupes Dallas: Porn Legends Clone Themselves With AI To Keep Raking It In Long After Retiring Worn-out porn stars have found a fresh way to keep raking in the cash long after they've aged out of the business, according to a new report from WIRED. Joi.com OhChat, a British startup that lets adult creators clone themselves with AI, has inked deals with Lisa Ann and Cherie DeVille to license their likenesses on the platform, basically creating a digital version of them in every possible way that can churn out custom sex...