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Fears of ‘Cockroaches’ in the Private Credit Market
business

Fears of ‘Cockroaches’ in the Private Credit Market

1 min read

Wall Street figures are turning to colorful metaphors, including invoking the hated insect, to express caution about the $3 trillion risky-lending market.

In recent months, Wall Street bankers have grown increasingly concerned about the private credit market, a largely opaque industry focused on lending to risky companies. The anxieties intensified since the collapse of two companies in September that ... [824 chars]

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Source: The New York Times

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