Waterfall of payments in CLOs, via Morgan Stanley, which estimates that 85% of outstanding CLOs in the U.S. may fail their junior over-collateralization (OC) tests as leveraged loans default.

Waterfall of payments in CLOs, via Morgan Stanley, which estimates that 85% of outstanding CLOs in the U.S. may fail their junior over-collateralization (OC) tests as leveraged loans default. pic.twitter.com/cx2GFlAXL5 — Tracy Alloway (@tracyalloway) May 7, 2020 The CLO market …

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Dem Congresswoman: Biden Allegation ‘Put To Rest’ Because He ‘Went on TV’ And Denied It…

Democrat Rep. Dina Titus says that the allegations against 2020 Democrat presidential candidate Joe Biden are “put to rest” because he “went on TV” and denied them. From an interview with MSNBC’s Ayman Mohyeldin on 5/6/2020. https://www.breitbart.com/clips/2020/05/06/dem-rep-titus-biden-sexual-assault-allegation-put-to-rest-after-tv-appearance/   AC