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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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Oct 2, 2026 / Tyler Durden
"Are You An FPV Pilot": Pentagon Calls On Drone Operators For Next "Gauntlet" Showdown
"Are You An FPV Pilot": Pentagon Calls On Drone Operators For Next "Gauntlet" Showdown
The Department of War has put out a request for service members with "FPV experience" to participate in testing events called “Gauntlets” and fly Category 1 drones in field training exercises to accelerate drone development and prepare the US for the next conflict, where drones, robotics, and automated kill chains dominate the modern battlefield.
"Are you an FPV pilot? We want to hear from you!" DoW asked on X on Friday morning.
"The Drone Dominance Program is recruiting...
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Aug 14, 2026 / Tyler Durden
English Village Will Have Six Migrant Men To Every Woman
English Village Will Have Six Migrant Men To Every Woman
Authored by Steve Watson via Modernity News,
A quiet North Yorkshire village of roughly 600 people is set to be flooded with around 1,200 single adult male asylum seekers at the nearby disused RAF Linton-on-Ouse base. Local women would be outnumbered six to one.
Labour MP Rachael Maskell has raised the alarm over the plan, which forms part of the government's wider push to move roughly 3,750 people into three former military sites near villages as it tries to empty asylum hotels.
The...
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Aug 25, 2026 / Tyler Durden
Judge Rules For Doctor Who Prescribed Ivermectin For COVID-19
Judge Rules For Doctor Who Prescribed Ivermectin For COVID-19
Authored by Zachary Stieber via The Epoch Times,
A doctor's lawsuit against Maine's medical board can proceed, a federal judge has ruled.
An order from the Maine Board of Licensure in Medicine that Dr. Meryl Nass undergo a psychological evaluation for allegedly spreading misinformation about COVID-19 was "based on no evidence or process," including no probable cause, U.S. District Judge Lance Walker said in an Aug. 20 decision.
"In judicial proceedings, at a minimum probable cause findings ordinarily are required to justify pretrial impositions....
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