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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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Jun 25, 2026 / William L. Anderson
Democratic Socialists: One Vote, One Time?
Democratic Socialists are winning election after election and will have a number of representatives in Congress. What will happen to our society as they continue to gain power? The answers are not encouraging.
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Jul 10, 2026 / Tyler Durden
Russia's New Bullets Disintegrate Into 3 Mid-Flight, Can Hit High-Speed Drones
Russia's New Bullets Disintegrate Into 3 Mid-Flight, Can Hit High-Speed Drones Authored by Prabhat Ranjan Mishra via Interesting Engineering, A Russian company has developed a new type of rifle bullets that split into three mid-flight, according to reports. This can help increase hit probability against high-speed drones. The development of specialized anti-drone ammunition reflects the changing nature of warfare. (Representational image) Jay_Rembert/stevepb Developed by Russia's Rostec, these multi-bullet "Mnogotochie" rounds can successfully hit drones. Reports have claimed that the first batches of these bullets have been delivered to Russian troops. Effective option for combating drones Vysokotochka,...
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May 24, 2026 / Tyler Durden
The Inherited IRA 10-Year Rule Is Fully Enforced In 2026 - What Beneficiaries Need To Do Now
The Inherited IRA 10-Year Rule Is Fully Enforced In 2026 - What Beneficiaries Need To Do Now Authored by Adam H. Douglas via The Epoch Times (emphasis ours), If you inherited a traditional IRA from someone who was already taking required minimum distributions (RMDs), you may have to take annual withdrawals for the next decade, and the account must be empty by the end of the tenth year. Many inherited IRA beneficiaries must now take annual RMDs. Vitalii Vodolazskyi/Shutterstock The Internal Revenue Service waived penalties for missed withdrawals from 2021 through 2024 while...
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