Cassandra Unchained
@michaeljburry
Official X account for Michael Burry, MD, called "Cassandra" by Warren Buffett. Now on Substack
Joined November 2011
38 Following 2.1M Followers
Breaking news to start a long weekend.
That’s some good fishy.
🚩🚩BREAKING: $OWL Blue Owl Slashes Private Loan to Near-Zero Amid Bankruptcy Risk...
$OWL's Loparex is a retail credit fund.
We pointed to this in our analysis over the past few months. Rating agencies are always the last to do the job.
Moody’s Ratings deemed Loparex in default and said it sees a Chapter 11 bankruptcy potentially in the cards.
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