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absquatulate

absquatulate@lemmy.world

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    > Several funds which lend money have declared losses or restricted investors' ability to take out their money. BlackRock, Blackstone, Apollo and Blue Owl have all faced demands for billions of withdrawals from private credit funds - institutions that provide an alternative to traditional banks Those are some...interesting names. Could these be attempts to pull the rug before an AI crash? I'm genuinely asking as I have no clue how funds work