Private Credit: It's 2008's All The Way Down

About this episode

Mia and Molly discuss the implications of a bank run on shadow banks linked to subprime car loans.

Mia is once again joined by Molly to discuss a bank run on another type of shadow banks caused by subprime car loans! Sources: https://businessjournalism.org/2026/01/tricolor-investigation/ https://sg.finance.yahoo.com/news/deutsche-bank-signals-30b-risk-020300965.html https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-03-12-2026/card/morgan-stanley-private-credit-fund-hit-with-redemption-requests-IS8PSZh497HC5aF4CkGN https://europeanbusinessmagazine.com/business/private-credit-defaults-have-just-passed-their-2008-peak/ https://finance.yahoo.com/markets/stocks/articles/morgan-stanley-tests-private-credit-110634713.html https://www.cnn.com/2026/02/23/business/what-is-blue-owl-private-credit https://finance.yahoo.com/markets/stocks/articles/barclays-weighs-mfs-fallout-private-080551362.html https://www.cnbc.com/2026/04/16/apollo-global-marc-rowan-private-credit-funds-redemptions.html https://www.reuters.com/markets/europe/apollos-private-credit-fund-limits-investor-withdrawals-after-redemption-2026-03-23/ https://www.reuters.com/legal/transactional/wall-street-banks-trade-derivatives-bet-pain-private-credit-ft-reports-2026-04-17/…

People in this episode

Host: Mia

Guest: Molly

Topics covered

• bank run
• shadow banking
• subprime loans
• private credit
• financial crisis
• economic impact

Keywords

• private credit
• bank run
• shadow banks
• subprime car loans
• financial crisis
• Morgan Stanley
• Apollo Global
• Deutsche Bank

Mentioned in this episode

Organizations: Morgan Stanley, Apollo Global, Deutsche Bank, Barclays, Tricolor, Blue Owl, CNN, Reuters, WSJ, European Business Magazine

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