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grod18

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NY Fed warns: PE is loading insurers with $300m in mezzanine debt, packaged like pre-'08 mortgage securities. With $2t in corp. debt exposure and inflation still elevated, we're a black jelly bean away from catastrophe. 🎧 Listen to the latest episode of #UNFTR: Trump & the Black Jelly Bean Theory.

Trump and the Black Jelly Bean Theory.The New York Fed released a troubling report detailing the risk of Collateralized Loan Obligation (CLO) exposure in the insurance industry. Over the past several years, private equity has taken larger...www.unftr.com
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