Massive leveraged buyouts. An ever-growing pile of risky debt. Early signs that subprime consumers are falling behind. <\/p>\n
It may not be 2007 all over again, but history is at least rhyming here. Then it was TXU Corp.\u2019s $44 billion LBOBloomberg Terminal<\/a>, now its Electronic Arts Inc.\u2019s potential $50 billion buyout. <\/a>Then it was subprime mortgage bonds<\/a>, now it\u2019s private credit<\/a>, among other kinds of debt. Then subprime consumers were missing mortgage paymentsBloomberg Terminal<\/a>, now they\u2019re falling behind <\/a>on auto loans.<\/p>\n","protected":false},"excerpt":{"rendered":"Massive leveraged buyouts. An ever-growing pile of risky debt. Early signs that subprime consumers are falling behind. It…\n","protected":false},"author":2,"featured_media":174092,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[113173,64,2347,63,99,5175,13110,176,16773,5057,41936,113172,171,20834],"class_list":["post-174091","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-ares-management-corp-a","tag-au","tag-august","tag-australia","tag-business","tag-chief-executive-officer","tag-debt","tag-federal-reserve","tag-fund-manager","tag-goldman-sachs-group-inc","tag-investment-management","tag-junk-bonds","tag-markets","tag-private-credit"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/174091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=174091"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/174091\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/174092"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=174091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=174091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=174091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}