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SDNY Prosecutors Looking At Valuation Discrepancies In Private Credit Market
SDNY Prosecutors Looking At Valuation Discrepancies In Private Credit Market
In a move that is long overdue, Jay Clayton, the US attorney for the Southern District of New York, said his office is looking at possible valuation discrepancies in the private credit marketplace.
Wall Street’s top prosecutor addressed the issue Wednesday while speaking at the Bloomberg Global Credit Forum in New York.
Clayton said the difference between the price at which assets are marked on one balance sheet versus others was at the heart of blowups at First Brands Group, Tricolor Holdings and...
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Nov 8, 2026 / Tyler Durden
Young Voters Broke For Democrats... But Pollsters Say The GOP Hasn't Lost Them Forever
Young Voters Broke For Democrats... But Pollsters Say The GOP Hasn't Lost Them Forever
Voters under 30, who split roughly evenly between Donald Trump and Kamala Harris in 2024, went about 7 in 10 for the Democratic candidate in their House races on Nov. 3, with about 3 in 10 backing the Republican, according to The AP Voter Poll.Only about 1 in 10 voters in the Midterms were under 30, which the AP says limited the impact of the shift. But about 6 in 10 under-30 voters said one reason...
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Aug 26, 2026 / Tyler Durden
Zelensky Continues To Oppose Wartime Democracy Amidst Escalated Election Demands
Zelensky Continues To Oppose Wartime Democracy Amidst Escalated Election Demands
Authored by John Weeks via Antiwar.com,
Ukrainian President Volodymyr Zelensky is facing mounting pressure to hold elections. The Ukrainian leader was elected to a five-year term in 2019, which expired in May 2024.
Last week, Ukraine's former defense minister Mykhailo Fedorov publicly called for elections, breaking what has been characterized as a "wartime taboo" within the nation's elite. He continued to demand elections over the weekend and also directly accused the Defense Ministry of corruption.
Fedorov is not the first high-profile Ukrainian figure...
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Sep 22, 2026 / Tyler Durden
At Least 150 Killed In Yemen Within Two Days Amid Indiscriminate Saudi Air Campaign
At Least 150 Killed In Yemen Within Two Days Amid Indiscriminate Saudi Air Campaign
Authored by News Desk via The Cradle,
At least 150 people have been killed in Yemen since Sunday as Saudi warplanes launch indiscriminate strikes across the country and clashes continue between Ansarallah-led forces and Riyadh-backed proxies.
(Photo credit: Reuters)"The death toll from Saudi airstrikes, clashes, and artillery fire in the governorates of Taiz, Al-Jawf, Marib and Saada stands at 118," AFP reported on 22 September, citing what it said were Ansarallah-linked military sources.
Sources close to the internationally recognized...
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