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DOJ Probes BlackRock Private Credit Fund Valuations After Dramatic Repricings

DOJ Probes BlackRock Private Credit Fund Valuations After Dramatic Repricings It all started in late January, just before the Blue Owl debacle and the SAAS-palcypse sparked a historic crash in private credit.  It was then that in a rare off-cycle disclosure, BlackRock TCP Capital Corp., a publicly traded private-credit fund structured as a business development company (BDC), disclosed a 19% markdown in net asset value as troubled loans weighed on performance. The news not only sent shares of the fund plunging 13% on Jan. 26, the most since March 2020 but market...
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Apr 7, 2026 / Tyler Durden
Europe's Climate Policy Forces Industry Into Retreat; Even Its Critics Are Folding
Europe's Climate Policy Forces Industry Into Retreat; Even Its Critics Are Folding Submitted by Thomas Kolbe In the media business, five months is an eternity. And it does indeed seem like an eternity has passed since Christian Kullmann, CEO of the German chemical giant Evonik, sharply criticized European climate policy at the end of October. At the time, Kullmann gave an interview to Süddeutsche Zeitung, in which he called—if not for the outright abolition—then at least for a significant weakening of the EU-wide CO₂ emissions trading system, given the dramatic state of...
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Apr 10, 2026 / Tyler Durden
Revealed: All Members Of UK Government's 'Anti-Muslim Hostility' Group Have Islamist Links
Revealed: All Members Of UK Government's 'Anti-Muslim Hostility' Group Have Islamist Links Authored by Steve Watson via Modernity.news, The UK Labour government’s new definition of “anti-Muslim hostility” – rebranded from “Islamophobia” – is being shaped by a working group where every single member has links to Islamist organisations. The details are exposed in the Free Speech Union’s latest investigative briefing which highlights ties between the group members and the Muslim Council of Britain (MCB) and Muslim Engagement and Development (MEND), groups that governments since 2009 have refused to engage with due to their...
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Apr 13, 2026 / Tyler Durden
Biden FDA Knew About COVID Vaccine Stroke Risk And Kept Americans In The Dark
Biden FDA Knew About COVID Vaccine Stroke Risk And Kept Americans In The Dark Senate investigators spent months reviewing roughly 2,000 pages of federal records. What they found is damning. FDA and CDC officials under the Biden administration identified a significant stroke risk tied to Pfizer's COVID-19 bivalent booster in seniors - and never breathed a word to the public. Sen. Ron Johnson (R-WI), chairman of the Senate's Permanent Subcommittee on Investigations, sent a formal letter to HHS Secretary Robert F. Kennedy Jr. laying out the evidence. He wasn't speculating. He...
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