A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums
Posted inBanking and Financial Institutions Blackstone Group, The Brookfield Asset Management Carlyle Group LP Dimon, James Federal-State Relations (US) KKR & Co LP Life Insurance Mergers, Acquisitions and Divestitures Private Equity Prudential Financial Inc Regulation and Deregulation of Industry

A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.
Crypto Goes on Trial, as Sam Bankman-Fried Faces His Reckoning
Posted inBanking and Financial Institutions Bankman-Fried, Sam Bankruptcies Campaign Finance Computers and the Internet Ellison, Caroline (1994- ) Frauds and Swindling HK FTX Trading Ltd (Futures Exchange) Kaplan, Lewis A Money Laundering Salame, Ryan Singh, Nishad Virtual Currency Wang, Zixiao (Gary)

Crypto Goes on Trial, as Sam Bankman-Fried Faces His Reckoning

The FTX founder’s uphill court battle starts Tuesday, after he has come to symbolize everything that went wrong with the cryptocurrency industry.