Tag: Hell

‘There could be hell to pay’

The rise of private credit over the past decade has been nothing short of monumental. But JPMorgan Chase CEO Jamie Dimon warned this week that parts of the burgeoning sector have some of the same problems that the mortgage market had prior to the Great Recession of 2008, including questionable credit ratings from ratings agencies. […]

Life on Ukraine’s front line ‘worse than hell’ as Russia advances

STORY: “This is our old position.” “It is a bit further. Where the explosion was, just there.” 27-year-old Oleksii is a soldier in an artillery unit of the 57th Motorized Brigade. He’s been stationed in Kupiansk, a city in the Kharkiv region that was captured by Russia in early 2022 and retaken by Ukrainians later […]

Dimon Says ‘There Could Be Hell to Pay’ If Private Credit Sours

(Bloomberg) — Jamie Dimon said he expects problems to emerge in private credit and warned that “there could be hell to pay,” particularly as retail clients gain access to the booming asset class. Most Read from Bloomberg “Do you want to give access to retail clients on some of these less liquid products? Well the […]

Donald Trump Says He’ll Stop All Electric Car Sales

Former United States President Donald J. Trump, currently facing 34 felony counts in criminal court, is campaigning for re-election this fall by taking shots at the increasingly popular electric car industry. Trump has already called for oil and gas industry executives to donate significant campaign funds in exchange for a reversal of Biden administration climate […]