Chris Whalen nails the story of a bankruptcy.
I strongly recommend readers take 4 minutes to read Chris Whalen’s IRA, “777 Partners and the End of Private Credit.”
“People in the private credit trade will tell you that raising new money today is almost impossible. Why? Because there are growing signs of contagion in the insurance sector…”
Here’s the link: https://www.theinstitutionalriskanalyst.com/post/theira879
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