*FED SEEKS DETAILS ON US BANKS’ EXPOSURE TO PRIVATE CREDIT FIRMS

April 10, 2026 - 22:30 UTC

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fed asking banks to explain their private credit exposure is unpaid due diligence. the banks already know. the Fed knows they know. this is paperwork that creates the appearance of oversight without touching the actual risk.
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JPM is ahead of the curve in this. Really dumb the other banks have not followed suit
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What chance the "private" credit markets require a public bailout?
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Privatise the profits, socialise the losses. The American dream.
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is this what the emergency meeting was about
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Emergency Powell/Bessent meeting about Anthropic
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Down goes Frazier
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The all-too familiar boom-bust of American finance.
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👀
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Better late than never? I guess we'll see.
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