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Blackstone's Flagship Private Credit Fund, World's Largest, Posts First Monthly Loss Since 2022
Blackstone's Flagship Private Credit Fund, World's Largest, Posts First Monthly Loss Since 2022
It only took a constant barrage of negative news surrounding the private credit space, including a surge in redemptions, investor gating, questions about loan markets as well as outright fraud, not to mention relentless criticism from of some of the biggest luminaries in credit, including Saba's Boaz Weinstein and Diameter's Scott Goodwin, for Blackstone to concede that its private credit book may have been mismarked.
According to Bloomberg, Blackstone's flagship private credit fund - and the world's largest...
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Apr 23, 2026 / Tyler Durden
"Gone In 60 Seconds": Feds Uncover DC-Area International Car Theft Ring
"Gone In 60 Seconds": Feds Uncover DC-Area International Car Theft Ring
Authored by Jill McLaughlin via The Epoch Times,
Federal authorities in the Washington area have uncovered an alleged international vehicle theft ring involving six people suspected of stealing cars and shipping them to Africa, where they are sold for top dollar.
Six people were charged on April 22 in connection with their roles in the alleged scheme.
A 15-count federal indictment was unsealed in U.S. District Court for the District of Columbia, charging the defendants with conspiracy to steal at least 20...
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May 18, 2026 / Tyler Durden
Samsung, Union Resume Talks After Labor Action Scare; Goldman Says "Korea: Buy"
Samsung, Union Resume Talks After Labor Action Scare; Goldman Says "Korea: Buy"
Downward momentum in South Korean stocks was halted on Monday as optimism returned to Samsung Electronics after the company and its union reopened talks to resolve contract disputes and avert a strike that could begin as soon as Thursday.
Bloomberg reported that the union's leader would "sincerely engage" with Samsung executives. The world's most important memory chip maker was also granted several requests by a Korean court, including orders to block the union from occupying company facilities.
The union...
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Jun 6, 2026 / Tyler Durden
FBI Fires Analysts Who Drafted Controversial Anti-Catholic Memo
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