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Blackrock's Private Credit Fund Gates Investors Again After Redemption Requests Surge
Blackrock's Private Credit Fund Gates Investors Again After Redemption Requests Surge
The market may be in full-blown face-ripping bubble mode, and software stocks are now gripped in by a category 5 gamma squeeze hurricane, but not even that is helping the ongoing debacle that is private credit.
One week after Cliffwater's Private Credit fund gated investors for a second straight quarter, and days after Blackstone also gated investors in its private credit fund for the first time (recall during Q1, the fund allowed investors to redeem a record 7.9% after tapping...
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Mar 14, 2026 / Tyler Durden
Major UAE Fujairah Port In Flames As Iran Vows Escalation For Kharg Island Attack
Major UAE Fujairah Port In Flames As Iran Vows Escalation For Kharg Island Attack
Upon the overnight major US attack on Iran's key oil hub of Kharg island, here's what Iran's military is threatening to do by way of response and escalation - which was also entirely predictable:
"If Iran’s oil, economic, or energy infrastructure is attacked, we will immediately destroy energy and economic infrastructure across the region belonging to companies with American shareholders or ties to the U.S." --IRGC spox
🚨🇮🇷🇺🇸 Iranian IRGC spokesperson:
"If Iran’s oil, economic, or energy infrastructure is...
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May 6, 2026 / Robert Aro
The MBS Slope n’ Swap
If executed perfectly, this swap allows the Fed to neutralize a shrinking money supply by swapping $2 trillion in mortgages for $2 trillion in government debt.
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Jul 10, 2026 / Tyler Durden
Apple Sues OpenAI Alleging Trade Secret Theft In Blockbuster AI Hardware Case
Apple Sues OpenAI Alleging Trade Secret Theft In Blockbuster AI Hardware Case
Apple has filed a major lawsuit in the U.S. District Court for the Northern District of California accusing OpenAI, io Products, and former Apple executives of misappropriating trade secrets to fast-track AI hardware development.
The complaint details a months-long scheme involving former Apple employees now at OpenAI. Key defendants include Tang Tan (OpenAI hardware lead and ex-Apple VP of product design) and Chang Liu (former Apple senior electrical engineer). Apple alleges they directed recruits to share confidential details on...
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