<description>&lt;p&gt;Mia is once again joined by Molly to discuss a bank run on another type of shadow banks caused by subprime car loans!&lt;/p&gt; &lt;p&gt;&lt;strong&gt;Sources:&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://businessjournalism.org/2026/01/tricolor-investigation/"&gt;https://businessjournalism.org/2026/01/tricolor-investigation/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://sg.finance.yahoo.com/news/deutsche-bank-signals-30b-risk-020300965.html"&gt;https://sg.finance.yahoo.com/news/deutsche-bank-signals-30b-risk-020300965.html&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-03-12-2026/card/morgan-stanley-private-credit-fund-hit-with-redemption-requests-IS8PSZh497HC5aF4CkGN"&gt;https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-03-12-2026/card/morgan-stanley-private-credit-fund-hit-with-redemption-requests-IS8PSZh497HC5aF4CkGN&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://europeanbusinessmagazine.com/business/private-credit-defaults-have-just-passed-their-2008-peak/"&gt;https://europeanbusinessmagazine.com/business/private-credit-defaults-have-just-passed-their-2008-peak/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://finance.yahoo.com/markets/stocks/articles/morgan-stanley-tests-private-credit-110634713.html"&gt;https://finance.yahoo.com/markets/stocks/articles/morgan-stanley-tests-private-credit-110634713.html&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.cnn.com/2026/02/23/business/what-is-blue-owl-private-credit"&gt;https://www.cnn.com/2026/02/23/business/what-is-blue-owl-private-credit&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://finance.yahoo.com/markets/stocks/articles/barclays-weighs-mfs-fallout-private-080551362.html"&gt;https://finance.yahoo.com/markets/stocks/articles/barclays-weighs-mfs-fallout-private-080551362.html&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.cnbc.com/2026/04/16/apollo-global-marc-rowan-private-credit-funds-redemptions.html"&gt;https://www.cnbc.com/2026/04/16/apollo-global-marc-rowan-private-credit-funds-redemptions.html&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.reuters.com/markets/europe/apollos-private-credit-fund-limits-investor-withdrawals-after-redemption-2026-03-23/"&gt;https://www.reuters.com/markets/europe/apollos-private-credit-fund-limits-investor-withdrawals-after-redemption-2026-03-23/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.reuters.com/legal/transactional/wall-street-banks-trade-derivatives-bet-pain-private-credit-ft-reports-2026-04-17/"&gt;https://www.reuters.com/legal/transactional/wall-street-banks-trade-derivatives-bet-pain-private-credit-ft-reports-2026-04-17/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.cnbc.com/2026/03/23/apollo-private-credit-fund-gives-investors-only-45percent-of-requested-withdrawals.html"&gt;https://www.cnbc.com/2026/03/23/apollo-private-credit-fund-gives-investors-only-45percent-of-requested-withdrawals.html&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.jdsupra.com/legalnews/shadow-banking-and-private-credit-what-7018536/"&gt;https://www.jdsupra.com/legalnews/shadow-banking-and-private-credit-what-7018536/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.privatedebtinvestor.com/insight-the-challenges-for-pd-arms-of-pe-firms/"&gt;https://www.privatedebtinvestor.com/insight-the-challenges-for-pd-arms-of-pe-firms/&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://archive.vn/f9UdP"&gt;https://archive.vn/f9UdP&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://archive.vn/HUxEo#selection-1637.0-1650.0"&gt;https://archive.vn/HUxEo#selection-1637.0-1650.0&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr1111.pdf?sc_lang=en"&gt;https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr1111.pdf?sc_lang=en&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;a href="https://www.deloitte.com/us/en/insights/industry/financial-services/banks-private-credit-partnerships.html"&gt;https://www.deloitte.com/us/en/insights/industry/financial-services/banks-private-credit-partnerships.html&lt;/a&gt;&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

It Could Happen Here

Cool Zone Media and iHeartPodcasts

Private Credit: It's 2008's All The Way Down

APR 20, 202630 MIN
It Could Happen Here

Private Credit: It's 2008's All The Way Down

APR 20, 202630 MIN

Description

Mia is once again joined by Molly to discuss a bank run on another type of shadow banks caused by subprime car loans! Sources: https://businessjournalism.org/2026/01/tricolor-investigation/ https://sg.finance.yahoo.com/news/deutsche-bank-signals-30b-risk-020300965.html https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-03-12-2026/card/morgan-stanley-private-credit-fund-hit-with-redemption-requests-IS8PSZh497HC5aF4CkGN https://europeanbusinessmagazine.com/business/private-credit-defaults-have-just-passed-their-2008-peak/ https://finance.yahoo.com/markets/stocks/articles/morgan-stanley-tests-private-credit-110634713.html https://www.cnn.com/2026/02/23/business/what-is-blue-owl-private-credit https://finance.yahoo.com/markets/stocks/articles/barclays-weighs-mfs-fallout-private-080551362.html https://www.cnbc.com/2026/04/16/apollo-global-marc-rowan-private-credit-funds-redemptions.html https://www.reuters.com/markets/europe/apollos-private-credit-fund-limits-investor-withdrawals-after-redemption-2026-03-23/ https://www.reuters.com/legal/transactional/wall-street-banks-trade-derivatives-bet-pain-private-credit-ft-reports-2026-04-17/ https://www.cnbc.com/2026/03/23/apollo-private-credit-fund-gives-investors-only-45percent-of-requested-withdrawals.html https://www.jdsupra.com/legalnews/shadow-banking-and-private-credit-what-7018536/ https://www.privatedebtinvestor.com/insight-the-challenges-for-pd-arms-of-pe-firms/ https://archive.vn/f9UdP https://archive.vn/HUxEo#selection-1637.0-1650.0 https://www.newyorkfed.org/medialibrary/media/research/staff_reports/sr1111.pdf?sc_lang=en https://www.deloitte.com/us/en/insights/industry/financial-services/banks-private-credit-partnerships.htmlSee omnystudio.com/listener for privacy information.