Article
Oh My F**king God, They're Doing It Again
Oh My F**king God, They're Doing It Again
Submitted by QTR's Fringe Finance
Assholes who wear Vineyard Vines all summer on Wall Street have once again put those Wharton PhD’s to good use by again “discovering” that assets so toxic and illiquid they make drinking cement taste like Fiji water apparently become safe when you rearrange them, rename them, and place an insurance company between the losses and the people buying them. Sound familiar?
According to Bloomberg, UBS and other firms have been exploring structures that package stakes in private-credit funds into bonds....
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May 5, 2026 / Tyler Durden
USAF Stratotanker Squawks 7700 Emergency Near Doha
USAF Stratotanker Squawks 7700 Emergency Near Doha
The fight for control of the Strait of Hormuz flared up Monday and into the overnight hours, with IRGC forces reportedly striking multiple commercial vessels and a UAE oil refinery.
The one positive development: with U.S. forces on heightened alert, two U.S.-flagged merchant ships successfully transited the maritime chokepoint as Project Freedom began, marking the first visible move by the U.S. Navy to unfreeze the world's most critical energy corridor.
U.S. Central Command, or CENTCOM, said its aerial assets in the Hormuz area...
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Apr 25, 2026 / Tyler Durden
Should Democrats Fear A Supreme Court October Surprise That Could Save The Senate For The GOP?
Should Democrats Fear A Supreme Court October Surprise That Could Save The Senate For The GOP?
There has been a lot of speculation about potential Supreme Court vacancies this year, mostly centered on Justices Samuel Alito and Clarence Thomas. Even President Donald Trump seems anxious about the possibility. In a recent interview with Fox Business’s Maria Bartiromo, Trump revealed that he has a shortlist of potential Supreme Court nominees ready in the event of a vacancy and signaled he’s prepared to fill multiple seats if the opportunity arises.
"In theory, it's...
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Jun 12, 2026 / Tyler Durden
India Set To Miss Budget Deficit Target As Oil Shock Strains Public Finances
India Set To Miss Budget Deficit Target As Oil Shock Strains Public Finances
Submitted by Tsvetana Paraskova of OilPrice.com
India may be on track to miss its target for budget deficit for the first time since 2021 as the oil supply shock pressures government coffers.
The government of the world’s third-largest crude oil importer is preparing to exceed its own deficit target from early this year as the Middle East crisis is testing the resilience of public finances amid soaring energy import bills, an Indian official with knowledge of the plans told...
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