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Alex Ossola

👤 Speaker
6987 total appearances

Appearances Over Time

Podcast Appearances

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

The arrest came following pressure from President Trump to prosecute protesters who have clashed with federal agents in the Twin Cities.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

A magistrate judge last week declined to sign off on a complaint charging Lemon.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

And a judge ruled today that federal prosecutors can't seek the death penalty for Luigi Mangione, who's charged with killing a UnitedHealthcare executive.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Three pieces of news from the president and the administration.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

The Justice Department today began releasing its latest batch of documents related to its investigation of Jeffrey Epstein.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

It's more than three million pages of files with thousands of videos and photos.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

The Justice Department began the Epstein document dump last month after Congress in November passed a law mandating the release of the files.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Also from the Justice Department, the FBI is leading an investigation into whether federal agents who fatally shot Alex Preddy in Minneapolis violated his civil rights.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Public outcry prompted the Justice Department to expand what had been a more limited probe.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

And President Trump, acting in his personal capacity, has sued the IRS and the Treasury Department.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

He says the agencies didn't do enough to stop a contractor from leaking his tax returns to the press in 2019.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

The lawsuit seeks at least $10 billion from the U.S.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

government that he runs.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

The White House, IRS, and Treasury Department didn't respond to requests for comment.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

The private credit boom on Wall Street is raising some concerns for investors again.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

One of BlackRock's private credit funds surprised investors last week when it reported a $140 million loss and marked down the value of its holdings by 19 percent.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

The decline just highlights how hard it is to know how much these investments are worth, even as Wall Street and the Trump administration are pushing to make products like these even more widely available to Main Street investors.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

I'm joined now by Matt Wertz, who covers credit for The Journal.

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

Matt, why are these types of investments so hard to value?

WSJ What’s News
A $140 Million BlackRock Loss Revives Private Credit Worries

What does this mean for ordinary investors?