Here We Go Again: Billions Vaporized In Spectacular Private Credit Collapse

What happens when you mix the Tricolor's (failed) nonbank-finance ambitions to fill a gap - intentionally, we can now conclude - left in place by major banks, with First Brands desire to criminally rehypotecate its collateral twice, three, or more times, leaving bank landers with a huge ROI crater and one giant bag of nothing when they ask for their money back?

Why, you get the latest credit blowup: Market Financial Solutions (MFS