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Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year
Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year
Add another vocal warning to the chorus singing about the dangers of private credit.
DoubleLine CEO Jeffrey Gundlach, who has been especially critical of private credit for the past year warning last November that the space “has the same trappings as subprime mortgage repackaging had back in 2006,” raised fresh concerns about financial advisers and other principals who ushered retail investors into private credit and other so-called...
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Apr 30, 2026 / Tyler Durden
Feds Charge Sinaloa's Governor, Senator, Mayor, & Other Top Officials With Running A Narco-State
Feds Charge Sinaloa's Governor, Senator, Mayor, & Other Top Officials With Running A Narco-State
Submitted by The Bureau's Sam Cooper,
Federal prosecutors in New York have charged ten current and former senior Mexican government officials — among them the sitting governor of Sinaloa, a sitting federal senator, the mayor of the state capital, and the state’s former secretary of public security — with conspiring to protect the Sinaloa Cartel’s most powerful faction in exchange for millions of dollars in drug money, in what may be the most sweeping corruption indictment ever...
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Apr 6, 2026 / Tyler Durden
US Tests Mach-5 Hypersonic Missile In Joint Army-Navy Launch
US Tests Mach-5 Hypersonic Missile In Joint Army-Navy Launch
Authored by Georgina Jedikovska via Interesting Engineering,
The U.S. has carried out a successful launch of a hypersonic missile made to travel at speeds exceeding Mach 5, meaning over five times the speed of sound, which allows it to cover vas distances in a matter of minutes.
A common hypersonic missile launches from Cape Canaveral Space Force Station, Florida, on March 26, 2026. via DoW
The launch of the common hypersonic missile, which is capable of covering more than 3,836 miles per hour (mph),...
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zerohedge
Satire Or Serious: "Why Didn't The Unvaccinated Do More To Warn Us?"
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