The unfolding collapse of First Brands Group is no longer just about a failed borrower. It is a stress test of the private credit model itself. What started as a private-credit financing story has...
If You Ask Me? Articles
A New Year’s Reflection: From Gutenberg to AI
Dear Colleagues and Friends, As we approach the end of the year, it seems appropriate to pause and reflect on how profoundly technology continues to reshape our industry—and, more broadly, human...
Credit Climate Trends Q4 2025: Strained Credit Markets and a Global “Risk-off” Posture Persist
Introduction The Q3 “risk-off” pattern we outlined (tight/uneven business credit, cautious bank posture, and rising stress in selected markets) still holds — but TransUnion’s new 2026 U.S. consumer...
Artificial Intelligence, Cyberwar & Ukraine: Lessons for the Business World
Enter AI and Cyberwarefare on the battle field and quickly a new form of warfare emerges. Such a new war is now being fought in the Ukraine. Preamble: Business strategists are watching with...
Cyber Security Trends: Converging Threats are Creating a Perfect Storm
Cyber Security Trends Analysis 2025: When AI, Fraud, and Skill Shortages Converge into a Systemic Threat By Joachim C. Bartels, Intrepid Explorers, LLC. Executive Summary Cybersecurity and online...
Dun & Bradstreet India Hires Almas Khan as Head of Marketing & CRS
Dun & Bradstreet’s First Visible Talent Signal Under CEO Tulenko: Why the India Hire Matters Dun & Bradstreet’s appointment of Almas Khan as Head of Marketing & CSR for India may appear,...
KLARNA Makes Accounting Provisions to Cover Potential Higher Defaults
KLARNA Moves into Conventional Lending and Makes Provisions for Higher Defaults - Reports Loss Are FinTechs “destined” to lose money when entering conventional lending? Short answer: Not always —...
IEI Editorial on EY’s “Half the Picture…” and the Coming Battle Over Non-Financial Data
1) Introduction: What EY’s Paper Really Signals about Non-financial Data EY’s new report, Half the Picture, or the Whole Story?, reporting on a survey of UK executives, arrives at a moment when UK...
The Cyber Security Crisis: The Skills Gap We Appear Not to Be Able to Automate Away
While many fear losing their jobs to AI, the opposite crisis is unfolding in cybersecurity. There simply aren’t enough qualified people to defend the systems we’ve automated. At Intrepid Explorers,...








