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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Apr 3, 2026 / Tyler Durden
Trump Proposes $1.5 Trillion In War Spending, 'Largest In Decades'
Trump Proposes $1.5 Trillion In War Spending, 'Largest In Decades'
Via The Cradle
US President Donald Trump is asking Congress to boost military spending to $1.5 trillion for 2027, the largest such request in decades, while demanding cuts to domestic spending on social programs, AP reported Friday.
The White House released details of the desired spending increase on Friday as part of Trump's 2027 budget proposal. The proposal comes amid the US-Israeli war on Iran, which is costing US taxpayers over $11 billon for each week it continues.
US Army/AP image
Last month, the Pentagon proposed receiving an...
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Jul 14, 2026 / Jason Ditz
Starting New Talks in Rome, Israel Looks to Change Lebanon ‘Pilot Zone’ Rules Again
New talks between Israel and Lebanon began today at the US Embassy to Rome, and while the last five rounds of talks have all ended in deals not particularly consequential, indications are that Israel is looking to scale back their already limited obligations under the terms of such deals. The talks seem to be centered […]
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Jul 20, 2026 / Tyler Durden
Explosion Reported Outside 26 Federal Plaza In Lower Manhattan
Explosion Reported Outside 26 Federal Plaza In Lower Manhattan
New footage shows what appears to be a fire and a person being arrested outside 26 Federal Plaza in Lower Manhattan.
"Moment of EXPLOSION that went off outside of the 26 Federal Plaza in NYC around 8:30am this morning, with Immigration agents and FBI Rushing out guns drawn and FPS apprehending the suspect. Sidewalk has been shut down and building evacuated," FreedomNews wrote on X.
NOW: Moment of EXPLOSION that went off outside of the 26 Federal Plaza in NYC around 8:30am this morning,...
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