The Capitol Forum

Two life insurers can own the exact same bond and tell their regulators two different stories about how risky it is. 
In this episode of Private Credit Crisis, Executive Editor Teddy Downey sits down with Florida State University professor Kyeonghee Kim to discuss what changes at a life insurer after private equity buys it, and whether the system meant to catch bad numbers is actually built to.

Everyone knows their data gets sold. Almost nobody knows how much of it companies just give away, blurred enough to call it anonymous. In this episode of Second Request, Executive Editor Teddy Downey sits down with former Capitol Forum correspondent and privacy lawyer Ben Neumeyer to discuss how DOGE spent a year and a half pooling federal records and made every one of those files findable again.

There's a hole in the life and annuity sector's balance sheet, and private equity dug it.
In this episode of Private Credit Crisis, Executive Editor Teddy Downey sits down with Nick Nemeth, an investor and the writer of Mispriced Assets, to discuss the life and annuity industry's growing exposure to private credit and the potential risks for insurers and the broader financial system.

With little response from the federal government, state legislatures around the country are looking at banning the use of personalized pricing.
Today on Second Request, Executive Editor Teddy Downey sits down with Hal Singer and Gavin Sicard to explain what personalized pricing actually is, and how its deployment today leads to higher consumer prices.

We're excited to introduce Private Credit Crisis, a new weekly podcast from The Capitol Forum examining the policy problems building inside the private credit industry.
In this first episode, Executive Editor Teddy Downey and reporter Josh Kosman sit down with attorney Jim Woolery, who is bringing lawsuits on behalf of investors alleging that private equity firms have inflated the assets on their balance sheets and charged inflated management fees on those assets, even as their performance has deteriorated.