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":47194,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[41202,642,138,19983,5399,866,15377,12964,15376,41201,220,111,139,69,27462],"class_list":{"0":"post-47193","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-ares-management-corp-a","9":"tag-august","10":"tag-business","11":"tag-chief-executive-officer","12":"tag-debt","13":"tag-federal-reserve","14":"tag-fund-manager","15":"tag-goldman-sachs-group-inc","16":"tag-investment-management","17":"tag-junk-bonds","18":"tag-markets","19":"tag-new-zealand","20":"tag-newzealand","21":"tag-nz","22":"tag-private-credit"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/47193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=47193"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/47193\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/47194"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=47193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=47193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=47193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}