It is widely but incorrectly believed that commercially sophisticated parties are free to make whatever contracts they choose. Contracts contain a “procedural” part and a “substantive” part. The ...
Alan Schwartz, who led Bear Stearns when it collapsed during the 2008 financial crisis, said Monday he does not believe the current turmoil in private credit markets will create the same systemic ...
Bloomberg on MSNOpinion
Guggenheim's Schwartz concerned private credit will crack
Alan Schwartz, executive chair of Guggenheim Partners, discusses surging US power demand from electrification and AI, arguing ...
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