Private Credit Unlikely to Spark 2008-Style Crisis Former Bear Stearns CEO: private credit unlikely to cause 2008-style crisis; $1.5tn market with ~30% covenant-lite issuance raises localized risk (Mar 24, 2026).

Private Credit Unlikely to Spark 2008-Style Crisis: Former Bear Stearns CEO: private credit unlikely to cause 2008-style crisis; $1.5tn market with ~30% covenant-lite issuance raises localized risk (Mar… 👈 Read full analysis #PrivateCredit #FinancialCrisis #BearStearns #CovenantLite #MarketInsights

🔎 When #capital is easy, discipline slips. Prof. Christian Eufinger shows how #CovenantLite in #PrivateCredit adds flexibility but also risk, as recent U.S. failures reveal. 🔗 link.iese.edu/4pgYpoO