Posts by THE LEAD
Reversion to the Mean
Climbing toward the average is a very different story than surpassing it.
Read MorePrivate Credit Defaults 101: Where Are We in the Cycle?
“We’re in a credit cycle. People denied it for a while. I don’t think there’s a lot of denial anymore.” That’s how one lender sees things today.
Read MoreThe Recovery Shot
Trouble off the tee doesn’t always translate to trouble on the scorecard.
Read MorePrivate Credit Defaults 101: Scrambling for Par
Seve Ballesteros won four majors in the 1980s despite being, by his own admission, one of the wildest drivers of the golf ball on tour.
Read MoreReading the Board
The story changes depending on which numbers you’re counting.
Read MorePrivate Credit Defaults 101: Different Numbers, Different Stories
In Season 2 of Billions, Bobby Axelrod takes his lawyer Orrin Bach to an empty Yonkers racetrack in the dead of night.
Read MorePrivate Credit Defaults 101: Back to School
As Labor Day approaches, the unofficial end of summer is upon us. But, before we get too sad, there is also the familiar back-to-school energy.
Read MoreGrading on a Curve
Grades depend on how the questions get answered.
Read MoreUnconquered Territory
With most of the map still unexplored, there’s room for a sequel.
Read MoreBusiness of Private Credit: Coming Home
Much attention has been paid to the suitability of Matt Damon in the lead role as the wily Odysseus in this summer’s Christopher Nolan blockbuster.
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