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One More Wafer Thin Mint?

Summary by racket.news
Illustration by Daniel MedinaBack in the “good old days” of subprime mortgage-mania, the business of making loans and securitizing them took on the appearance of the proverbial tail wagging the dog. The participants in the business of making the loans, securitizing them, selling them and managing them could not care less who was actually getting the loan. There seemed to be an endless supply of global capital that “needed” to be put to work in s…

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Real Clear PoliticsReal Clear Politics
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Lean Right

One More Wafer Thin Mint?

Private Market business is bloated with expensive debt that many can't afford, so naturally Private Credit's solution is to add more

·Chicago, United States
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racket.news broke the news in on Friday, July 11, 2025.
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