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2008 CRISIS WINNER TARGETS PRIVATE CREDIT RISKS Investor Lee Robinson, who turned a subprime bet into a 900% gain during the 2008 crisis, i…

2008 CRISIS WINNER TARGETS PRIVATE CREDIT RISKS Investor Lee Robinson, who turned a subprime bet into a 900% gain during the 2008 crisis, is now betting against insurers he sees as exposed to private credit risks. He warns markets are underestimating potential losses from the $1.8 trillion private credit sector. Robinson says one major insurer setback could trigger broader stress across the industry.
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