Raters of the Private Assets

Raters of the Private Assets

Did you know that George Lucas originally wanted Tom Selleck to play Indiana Jones? However, contractual obligations to Selleck’s moustache and, of course, his role as Magnum P.I. got in the way and landed Harrison Ford as the iconic Professor Jones instead. This...
Renaissance Jeans

Renaissance Jeans

It is a known fact that if you keep those low-rise/high-waist/baggy/skinny/bell-bottom/bootcut/wide-leg jeans in your closet long enough, they are bound to be fashionable again. It is even better if you had forgotten about them and then find them just at the right...
Fraud or Risk?

Fraud or Risk?

After the failures of Tricolor, a Texas-based subprime lender, and First Brands, an automotive supplier, Jamie Dimon of JPMorgan Chase famously said that if you see one cockroach there are probably more around. Late in February, another one (allegedly) showed up in...
Please, Release Me, Let Me Go

Please, Release Me, Let Me Go

My crinkly brain has been stuck on this song Please, Release Me (1949) made popular by Engelbert Humperdinck in 1967 (look up Izzard’s skit about workshopping that artist name). It gets weirder because the earworm was brought to me by an owl, specifically Blue Owl...
No, But Also, Yes

No, But Also, Yes

It is rare that we talk about digital assets in The Risk Report, and that is a bit myopic because there is an overwhelming likelihood that digital assets, and especially the technology to store and transfer them, will encapsulate and be our global financial...
Trypophobia

Trypophobia

I am always in awe of the vast specificity of the English language, so imagine my delight to find out that there is a word for the fear of bubbles: trypophobia. While the word most commonly refers to the fear of actual bubbles, such as soap, gum, or boba, I will take...
Will That Be Credit?

Will That Be Credit?

US credit card rates should be capped at 10% for one year. Lenders have until January 20th, 2026, to comply. There is not very much more information about this, but the reasoning seems to be that fixing credit card rates at less than half of the current level will...
Feeling Less at Home

Feeling Less at Home

This week marks a year since the devastating fires in Los Angeles. A year is a long time for those in Altadena and Pacific Palisades who were displaced and still do not have a home to return to. Between physical clean-up, financial resolution, and the accompanying...
(Im)Perfect Crime

(Im)Perfect Crime

By definition, only the less smart criminals get caught. If you really think about it, that opens the possibility of many perfect crimes out there that we will never see in a limited series. On the other hand, if the indictment stands to proof, there is a good chance...
Overly Restrictive

Overly Restrictive

Parents of young adults might be familiar with this dilemma: there are certain ways you don’t want your kids to get in trouble, so you can either outright ban the behavior with a very high likelihood the young’uns are going to do it anyway but (try to) keep it from...