Another one of those ‘one-off’ events occurred as Blackrock wrote off its entire $150M investment in Renovo Home Partners. Another blowup in the private credit market. In addition, we check in on the ongoing lawsuits and fallout from the First Brands collapse. BDO’s role as the auditor of First Brands. Major U.S. insurers continue to gobble up private credit deals. Wall street’s reaction. Blackstone offloads a $1.8 billion investment and takes a $600 million dollar loss. This episode examines a series of articles from AInvest, The Wall Street Journal, and CNBC.