AI Bankers Gone Wild
$575B in highly concentrated AI bets
Rod’s Substack
Former #1 ranked Wall Street analyst, now Investigative journalist exploring financial misdeeds, inequities, excesses and bubbles.
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CoreWeave’s Near Debt Debacle, Jane Street and Fitch’s Curiously Timed Jane Street Upgrade
Fitch's upgrade of Jane Street raises questions
Will Moody's AI Debt Warning Trigger an AI Bubble Crash?
Moody’s says ‘unprecedented’ AI spending threatens credit quality of Amazon, Meta, Alphabet and others
When even the safest insurance companies aren’t safe - MassMutual
Meet the new MassMutual, not like the old MassMutual
Moody’s and Fitch Engage in Dangerous Competitive CLO Relaxation Pas de Deux
With dubious timing, both rating agencies proposed relaxing their CLO credit criteria in June, despite multiple warning signs
The BDC Fee Structure Is Broken: Here's the Data
The unbearable weight of BDC fees
The Road to Perdition: How BDC Growth Explosion and Valuation Issues were Triggered by 2020 SEC Rule Changes
And the revolving door from the SEC to Apollo that followed
Podcast: IPO Watch: SpaceX and Wall Street's Middle Finger to Retail Investors
How Wall Street engineered the biggest wealth transfer in IPO history
IPO Watch: SpaceX and Wall Street's Middle Finger to Retail Investors
How Wall Street engineered the biggest wealth transfer in IPO history
Dangers Lurking in Athene’s Alternative Investments: Part 2
Athene's $9.6B Equity-Backed ABS Allows them to Avoid $3B in Capital Charges