Daily Archives: May 30, 2014

A new kind of “Murder Hole”

Well, this doesn’t happen on a regular basis anymore, but I just got pitched (via email and voicemail) a new breed of terrible investment.  The offer was for a non-traded (that’s inside speak for illiquid, you won’t be able to sell it) Business Development Company (BDC) investing in the debt of private companies.  Oh goody. […]

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