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Someone Tell Lloyd Blankfein The Fire In Private Credit Has Already Started
Someone Tell Lloyd Blankfein The Fire In Private Credit Has Already Started
Submitted by QTR's Fringe Finance
As I’ve been writing about, private credit has been under immense stress for months, with liquidity strains, redemption pressure, and growing questions around valuations all surfacing at once. And now with things on the verge of imminent collapse and literally all of f*cking Wall Street already on notice, one former major banking CEO has decided to offer up the King Solomon-like revelation that he believes things could get worse from here.
But, obviously, what he doesn’t realize...
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Authored by Owen Evans via The Epoch Times,
The Treasury Department on Tuesday finalized a rule permanently exempting U.S. companies and individuals from reporting beneficial ownership information to authorities, rolling back Biden-era Corporate Transparency Act requirements.
Treasury Secretary Scott Bessent testifies before the Senate Committee on Appropriations in Washington on June 3, 2026. Madalina Kilroy /The Epoch Times
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