In a new article and segment for Marketplace, Lenore Palladino (public policy and economics) is quoted discussing how investors are beginning to pull their money out of higher-risk private credit markets following a series of high-profile defaults. In the article, Palladino discusses how private credit does not follow the same set of rules as other banks, making it challenging to understand their inner workings. “They're making a lot of loans, but without needing to disclose what is happening with the loans,” Palladino says. “They don't necessarily have any reserves in case the loans go south, in case they're not paid back. And they aren't required to disclose or be supervised by federal regulators.”
Lenore Palladino quoted in Marketplace on investors pulling out of private credit markets
