Canada's Oil Patch On Track For Biggest M&A Wave In A Decade

Mark Walter Probe Puts Wall Street's Insurance-Private Credit Machine Under DoJ Scrutiny An ongoing federal investigation into billionaire Mark Walter's business empire is raising alarm bells about Wall Street's use of insurance capital to finance private credit and other illiquid investments.  Bloomberg reported that Walter's TWG Global holding company said in a filing that it will wind down its exposure to affiliated businesses by up to $6.5 billion after the transactions drew scrutiny from federal investigators. This comes after the Department of Justice homed in on loans that should've been marked...

Oil Tanker Going To China Forced To Reverse Course Before Crossing Hormuz Under US Blockade One day after a burst of traffic through the Strait of Hormuz, when according to Bloomberg 19 ships crossed in either direction while Trump said that as many as 34 ships crossed the waterway on Sunday, shipping through Hormuz slumped back down again Monday, reversing Sunday's jump, as caution mounted ahead of a US naval blockade. After 19 ships went through the Strait in either direction on Sunday - the most since the early stages of the...

Wall Or Sieve? Attacks Raise Doubts About U.S. Immigration System Authored by Benjamin Weingarten via RealClearPolitics, In the wee hours of Sunday, March 1, a Senegalese immigrant clad in a sweatshirt bearing the words “Property of Allah” opened fire outside an Austin, Texas beer garden, killing three and leaving 14 others wounded. On March 12, at Old Dominion University, a former Virginia National Guard member from Sierra Leone – released early from an 11-year prison sentence for attempting to provide material support to the ISIL – yelled “Allahu Akbar” before shooting and...