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A Major Mortgage firm Just COLLAPSED (just like what happened in 2008)
Episode 1324

A Major Mortgage firm Just COLLAPSED (just like what happened in 2008)

Eurodollar University

February 28, 202640m 41s

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Show Notes

The credit market's terrible, horrible, no good, very bad week finishes off with yet another bankruptcy and more losses for the big Wall Street names. Worse, it's the same thing yet again: fraud and fake collateral. Plus, more bad news among BDCs has shares down. Dealer banks, however, continue to prepare for not only what we're seeing now, but looking ahead beyond it. 

Eurodollar University's Money and Macro Analysis

Join us for our free webinar Thursday March 26, 2026 at 6pm ET. With credit market developments escalating even more, and major market moves accompanying them, we're going to go over where everything stands but also look forward at the potential scenarios coming out of what continues to look like a global bust. 

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MFS Creditors Warn of £930 Million Shortfall From Double Pledges
https://www.bloomberg.com/news/articles/2026-02-27/mfs-creditors-warn-of-930-million-shortfall-from-double-pledges

FS KKR Private Credit Fund Plunges to 2020 Low as Bad Loans Bite
https://www.bloomberg.com/news/articles/2026-02-26/fs-kkr-private-credit-fund-cuts-dividend-amid-rise-in-bad-loans

Topics

Eurodollar UniversityJeff SniderMonetary OrderCentral BanksAlhambra InvestmentsInflationDeflationEconomyDepressionRecession