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MarketWatchMar 12, 2026
Investor who lost everything in private credit wishes several thousand more people had warned him of the risks
The turmoil currently sweeping through the $3 trillion private credit market has investors stampeding out of the funds.

MarketWatchMar 12, 2026
The chorus of disapproval for private credit gets louder as Morgan Stanley fund is the latest to cap withdrawals
Investors are becoming increasingly nervous about problems mounting in the $3 trillion private credit market where some creditworthiness is deteriorating in some sectors and truthful valuations are hard to ascertain.

RELATED ARTICLES
Investment fund questions valuations in Blue Owl's private credit portfolio (FT.com - Financial Markets)

Google Business NewsMar 12, 2026
Atlassian's CEO spelled out 3 types of employees spared in his layoffs — and it's good news for graduates - Business Insider
Atlassian's CEO spelled out 3 types of employees spared in his layoffs — and it's good news for graduates  Business InsiderAtlassian slashes 10% of workforce to 'self-fund' investments in AI and enterprise sales  CNBC‘Devastating blow': Atlassian lays off 1,600 workers ahead of AI push  The GuardianAtlassian to Reduce 1,600 Jobs in the Latest AI-Linked Cuts  Yahoo Finance

KiplingerSep 17, 2022
Car Buyers: The 3-Day Grace Period Is Just a Myth!
Let's say you purchase a used car from a dealership and later want to bring it back for a refund. Do you have the legal right to get your money back regardless of the reason? Does the "Three-Day Cooling Off Period" apply?

That's what "Mack" thought.

‘I Looked Under the Seats and Found Drug Paraphernalia!' "I bought a used SUV two days ago and want to take it back to the dealer for a refund, but when I told them why they laughed at me and refused," Mack told me in a call recently.

When I asked if there was anything mechanically wrong with the vehicle, he replied, "No, it drives fine, but it is what I found under the front seats that scares me: dangerous drug paraphernalia." His tone of voice grew increasingly strident the longer we spoke.

And what was he looking for under the front seats?

SEE MORE PODCAST: Car-Buying in an Inflated Market with Jenni Newman "For money or jewelry sometimes that winds up there, but instead I found vaping equipment! That's illegal! I don't know what other illegal items are in the car, and I want my money back! Also, don't I have three days to cancel the contract?"

I explained to Mack that while there is such a thing as a Three-Day Cooling-Off Rule, in most all cases - including this one - it doesn't apply to car purchases. And besides, in his state, mere possession of vaping hardware is not illegal. Unless he had the right to bring the car back for a refund - spelled out in the sales contract - the dealership could decline his request.                                                                 

Car Buyers Shouldn't Believe the 3-Day Myth                                                          

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