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Cockroaches, owls, and AI: They're all related to the risky business of "private credit," the huge lending business that's become Wall Street's latest source of anxiety. I wrote about the recent highs and lows, and how they could affect all of us, for @npr.org: www.npr.org/2026/03/19/n...
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The risky lending business has been booming, but now its problems are becoming increasingly visible on Wall Street and beyond.
It's called 'private credit' — and it could lead to big trouble on Wall Street
Maria Aspan