Article
"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To COVID Highs
"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To COVID Highs
With market focused on private credit as the next credit market crisis vortex, many have forgotten that CMBS, the asset class that was smashed in the aftermath of covid as hundreds of office buildings were suddenly left vacant, has been teetering on the edge for years. For some, it proved to be a lucrative bet as the "next big short" after various office-heavy CMBX tranches collapsed in 2020 and 2021. But due to the slow-burning nature of commercial real-estate...
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If executed perfectly, this swap allows the Fed to neutralize a shrinking money supply by swapping $2 trillion in mortgages for $2 trillion in government debt.
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The Trump Surveillance State
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"He Was Very Close To Being Arrested": Epstein's Paris Model Scout Found Dead At Home, Weeks After CNN Appearance
"He Was Very Close To Being Arrested": Epstein's Paris Model Scout Found Dead At Home, Weeks After CNN Appearance
Daniel Siad, the 69-year-old Paris modeling scout whose name appears nearly 2,000 times in the DOJ's Epstein files, was found dead at his home in Colombes, northwest of Paris, on Monday. The deputy public prosecutor at Nanterre, Marie-Celine Lawrysz, confirmed the death Wednesday and said an investigation into the cause was opened that evening, with an autopsy to follow.
Which is to say: officially, nobody knows anything yet. Siad's lawyer told Reuters...
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