Will $4.6 Trillion Leveraged Loan Market Cause The Next Financial Crisis?

    Peter Cohan Posted by Peter Cohan.

    Peter S. Cohan is a management consultant, venture capitalist, teacher, author and blogger.



    Financial crises take about a decade to be born.

    Financial crises take about a decade to be born. Having lived through four of them, I see the raw materials for a fifth one -- flowing from the collapse of so-called leveraged loans -- debt piled on top of companies with weak credit ratings. Before examining the latest news on leveraged loans, [...]