Article
The 'Blame Game' In Private Credit Begins
The 'Blame Game' In Private Credit Begins
Submitted by QTR's Fringe Finance
This morning I warned (again) this wasn’t a normal market in private credit. It was a liquidity event. And today it’s becoming something else too.
According to the Financial Times, the SEC is now questioning whether Egan-Jones, a small but deeply embedded credit rating agency in private credit, can “consistently produce credit ratings with integrity.” That’s not a routine inquiry. That’s the regulator openly wondering whether one of the key cogs in the machine was ever doing its job properly in the first place....
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Jun 14, 2026 / Tyler Durden
Trump Says Hormuz To Reopen Friday After Signing Of "Great Peace Deal" With Iran
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Summary
Trump Says Hormuz Chokepoint Reopens Friday
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Trump Confirms US-Iran Peace Deal "Now Complete" and says "Let The Oil Flow"
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Washington, D.C. Will Feel Like June Next Week. Cue MSM Climate Doom Propaganda
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After a stretch of roller-coaster temperature swings across the Mid-Atlantic in March and early April, the midpoint of the month is now shaping up to be unusually warm, with highs that could exceed the region's average for June. That kind of temperature anomaly could prompt left-wing corporate media outlets to kick off their seasonal global-warming doom news cycle as summer approaches.
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