Uber driver charged in connection with starting the Palisades Fire
Nine months after the Palisades Fire ignited, killing 12 and destroying more than 6,800 structures, authorities announced that they've arrested and charged 29-year-old Jonathan Rinderknecht in connection to starting the deadly blaze.
Acting U.S. Attorney Bill Essayli said Rinderknecht was arrested Tuesday in Florida. He has been charged with destruction of property by means of fire, which is a felony that carries a minimum sentence of five years in federal prison.
https://laist.com/news/criminal-justice ... d-la-fires
Bye
Re: Bye
This case fits the facts real well. So, if it holds up in court, at least it wasn't some dumb local kid. I was close, though. It was a dumbshit pyro who USED to live there.
Seems as if it might help if the LAPD patrolled and/or closed the trails on New Year's.
The fact remains that they never should have built in the Highlands, but greed trumps (pun intended) common sense every time.
Seems as if it might help if the LAPD patrolled and/or closed the trails on New Year's.
The fact remains that they never should have built in the Highlands, but greed trumps (pun intended) common sense every time.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
Re: Bye
Bye assholes 
Conservative Watchdog Parents TV Council Files for Bankruptcy: Famed for ‘Family Guy’ Feud
TV’s biggest conservative watchdog is apparently being put to sleep.
The Parents Television Council has filed for bankruptcy protection after decades of protesting sex, profanity, and violence on TV.
https://www.hollywoodreporter.com/tv/tv ... 236396772/
Conservative Watchdog Parents TV Council Files for Bankruptcy: Famed for ‘Family Guy’ Feud
TV’s biggest conservative watchdog is apparently being put to sleep.
The Parents Television Council has filed for bankruptcy protection after decades of protesting sex, profanity, and violence on TV.
https://www.hollywoodreporter.com/tv/tv ... 236396772/
Re: Bye
Good
Neil Young Pulls Music From Amazon: “Don’t Go Back to the Big Corporations Who Have Sold Out America”
Neil Young is yanking his music from Amazon, the rock star announced this week.
In his latest stance against a major corporation, Young wrote on his website Wednesday that soon his music would be off the platform. It isn’t immediately clear whether his action includes the streaming service Amazon Music or just his physical products from the Amazon marketplace, though in his message he encouraged his fans to buy from local businesses instead.
https://www.hollywoodreporter.com/music ... 236397853/
Neil Young Pulls Music From Amazon: “Don’t Go Back to the Big Corporations Who Have Sold Out America”
Neil Young is yanking his music from Amazon, the rock star announced this week.
In his latest stance against a major corporation, Young wrote on his website Wednesday that soon his music would be off the platform. It isn’t immediately clear whether his action includes the streaming service Amazon Music or just his physical products from the Amazon marketplace, though in his message he encouraged his fans to buy from local businesses instead.
https://www.hollywoodreporter.com/music ... 236397853/
Re: Bye
Neil Young has the right idea, as always, but of course record labels will still be for-profit media whores owned by the oligarchy. They will continue to push trendy rappers with funny names who wind up facing pimping charges 10 years later.
In other disasters that informed voting would have helped prevent, I can't believe how much ink/air time the Palisades fire is getting outside SoCal. From what's been in the Nooz, it appears to be more about standard LA insanity than about a natural disaster. For a start, it's hard not to believe this guy had every intention to take out his old neighborhood.
Since the pyro had lived there before he got older and washed up in Florida with the other nut cases, he knew exactly where to start it and what it would do. The fire department put it out, or thought they did, but a week later when the inevitable post-climate-change January hot wind came it re-ignited.
This is called, with tongue firmly in cheek, the California Monsoon. It used to actually rain, but two billion SUVs later, the pollution had caused all the climate issues that had been ignored for 40 years since the first warning signs. The reservoir was empty, the FD had gone through a funding cut, the mayor who swore she'd never leave the city was in Africa, and in general business was as usual in LA.
Now there are fewer structures in LA.
In other disasters that informed voting would have helped prevent, I can't believe how much ink/air time the Palisades fire is getting outside SoCal. From what's been in the Nooz, it appears to be more about standard LA insanity than about a natural disaster. For a start, it's hard not to believe this guy had every intention to take out his old neighborhood.
Since the pyro had lived there before he got older and washed up in Florida with the other nut cases, he knew exactly where to start it and what it would do. The fire department put it out, or thought they did, but a week later when the inevitable post-climate-change January hot wind came it re-ignited.
This is called, with tongue firmly in cheek, the California Monsoon. It used to actually rain, but two billion SUVs later, the pollution had caused all the climate issues that had been ignored for 40 years since the first warning signs. The reservoir was empty, the FD had gone through a funding cut, the mayor who swore she'd never leave the city was in Africa, and in general business was as usual in LA.
Now there are fewer structures in LA.
"We must remember that we cannot abandon the truth and remain a free nation." --Liz Cheney, Republican, 7/21/22
Re: Bye
Man will plead guilty to threatening Pride event after Charlie Kirk’s death
A Texas man has agreed to plead guilty to going on social media and threatening to shoot people at an LGBTQ+ parade as vengeance for the murder of conservative political activist Charlie Kirk.
Joshua Wayne Cole signed federal court filings indicating that he planned to plead guilty to a charge of interstate threatening communications at a hearing tentatively set for 16 October, about a month after he was arrested in connection with online posts threatening to open fire on a Pride parade in Abilene, Texas.
https://www.theguardian.com/us-news/202 ... arlie-kirk
A Texas man has agreed to plead guilty to going on social media and threatening to shoot people at an LGBTQ+ parade as vengeance for the murder of conservative political activist Charlie Kirk.
Joshua Wayne Cole signed federal court filings indicating that he planned to plead guilty to a charge of interstate threatening communications at a hearing tentatively set for 16 October, about a month after he was arrested in connection with online posts threatening to open fire on a Pride parade in Abilene, Texas.
https://www.theguardian.com/us-news/202 ... arlie-kirk
Re: Bye
The New York state GOP has shut down the the Empire State’s Young Republicans over the antisemitic and racist language in their posts.
This is the republican party's version of saying "I don't know them and I've never met them" just like their leader says.The New York Republican State Committee’s leaders unanimously voted to disband the Empire State’s Young Republicans on Friday after screenshots from a Telegram chat exposed members using antisemitic and racist language.
“The Young Republicans was already grossly mismanaged, and vile language of the sort made in the group chat has no place in our party or its subsidiary organizations,” New York GOP Chair Ed Cox said in a Friday statement.
https://thehill.com/homenews/state-watc ... publicans/
When you vote left, you vote right.
Re: Bye
Israeli restaurant chain in US closes due to prolonged pro-Palestine boycott
Shouk, a kosher vegetarian restaurant chain that operated in Washington, D.C. and its surrounding areas for the past decade, has shuttered its final location following a sustained boycott campaign by pro-Palestinian activists.
The chain, co-owned by an American Jew and an Israeli Jew, served vegetarian Middle Eastern fare such as falafel, hummus, and lentil stews. Since the start of the war in Gaza, pro-Palestinian groups had urged locals to boycott the chain, accusing its owners of “appropriating Palestinian cuisine” and denouncing the business for “collaborating with Israeli apartheid” due to its import of Israeli products and brands.
https://www.ynetnews.com/food/article/s ... d%20brands.
Shouk, a kosher vegetarian restaurant chain that operated in Washington, D.C. and its surrounding areas for the past decade, has shuttered its final location following a sustained boycott campaign by pro-Palestinian activists.
The chain, co-owned by an American Jew and an Israeli Jew, served vegetarian Middle Eastern fare such as falafel, hummus, and lentil stews. Since the start of the war in Gaza, pro-Palestinian groups had urged locals to boycott the chain, accusing its owners of “appropriating Palestinian cuisine” and denouncing the business for “collaborating with Israeli apartheid” due to its import of Israeli products and brands.
https://www.ynetnews.com/food/article/s ... d%20brands.
Re: Bye
Suspects arrested over brazen jewel theft from Paris’ Louvre museum
Police have arrested suspects in connection with the theft of priceless jewels from the Louvre museum, just as one attempted to leave the country, the Paris prosecutor’s office said.
Thieves last week targeted the Louvre’s Apollo Gallery in a brazen daylight raid, fleeing with jewelry worth tens of millions in a matter of minutes.
https://www.cnn.com/2025/10/26/europe/l ... rests-intl
Police have arrested suspects in connection with the theft of priceless jewels from the Louvre museum, just as one attempted to leave the country, the Paris prosecutor’s office said.
Thieves last week targeted the Louvre’s Apollo Gallery in a brazen daylight raid, fleeing with jewelry worth tens of millions in a matter of minutes.
https://www.cnn.com/2025/10/26/europe/l ... rests-intl
Re: Bye
Maryland Democrat sinks party’s redistricting push, says downside risk ‘catastrophic’
Maryland Senate President Bill Ferguson (D) said he will not move forward with a mid-cycle redistricting push in his state, warning colleagues that the risk would be “catastrophic.”
In a “Dear Colleagues” letter dated Tuesday, the Democratic leader outlined the reasons he is bucking many of his fellow Democrats who have pushed him to pursue the redistricting effort, citing concerns about the likelihood of success, as well as long-term consequences on democracy.
https://thehill.com/homenews/state-watc ... democracy/
Maryland Senate President Bill Ferguson (D) said he will not move forward with a mid-cycle redistricting push in his state, warning colleagues that the risk would be “catastrophic.”
In a “Dear Colleagues” letter dated Tuesday, the Democratic leader outlined the reasons he is bucking many of his fellow Democrats who have pushed him to pursue the redistricting effort, citing concerns about the likelihood of success, as well as long-term consequences on democracy.
https://thehill.com/homenews/state-watc ... democracy/
Re: Bye
Texas Supreme Court allows judges to decline performing gay marriage ceremonies
AUSTIN, Texas — The Texas Supreme Court has approved a rule change permitting judges to decline to perform same-sex marriages, citing religious objections. The decision marks the latest development in a years-long legal and cultural debate over same-sex marriage in the state.
The issue originated with McLennan County Justice of the Peace Dianne Hensley, who refused to perform marriage ceremonies for same-sex couples. The State Commission on Judicial Conduct sanctioned Hensley for that refusal, prompting her to sue the commission. Her lawsuit, pending in Travis County, argues that the sanction violates her religious freedom.
https://cbsaustin.com/news/local/texas- ... ceremonies
AUSTIN, Texas — The Texas Supreme Court has approved a rule change permitting judges to decline to perform same-sex marriages, citing religious objections. The decision marks the latest development in a years-long legal and cultural debate over same-sex marriage in the state.
The issue originated with McLennan County Justice of the Peace Dianne Hensley, who refused to perform marriage ceremonies for same-sex couples. The State Commission on Judicial Conduct sanctioned Hensley for that refusal, prompting her to sue the commission. Her lawsuit, pending in Travis County, argues that the sanction violates her religious freedom.
https://cbsaustin.com/news/local/texas- ... ceremonies
Re: Bye
New York judge dismisses Ken Paxton’s legal challenge in abortion pills case
A New York judge dismissed a legal challenge Friday from Texas seeking to enforce a more than $100,000 civil judgment against a doctor accused of prescribing abortion pills to a Dallas-area woman in an early test of the state’s “shield law” designed to protect providers.
Republican Texas State Attorney General Ken Paxton wanted a New York court to enforce a civil decision from Texas against Dr. Margaret Carpenter, who practices north of New York City in Ulster County, for allegedly prescribing abortion medication via telemedicine.
https://www.texastribune.org/2025/10/31 ... en-paxton/
A New York judge dismissed a legal challenge Friday from Texas seeking to enforce a more than $100,000 civil judgment against a doctor accused of prescribing abortion pills to a Dallas-area woman in an early test of the state’s “shield law” designed to protect providers.
Republican Texas State Attorney General Ken Paxton wanted a New York court to enforce a civil decision from Texas against Dr. Margaret Carpenter, who practices north of New York City in Ulster County, for allegedly prescribing abortion medication via telemedicine.
https://www.texastribune.org/2025/10/31 ... en-paxton/
Re: Bye
Nancy Pelosi, 85, will reportedly not seek reelection in 2026
Nancy Pelosi is reportedly set for retirement and won't be seeking reelection in 2026.
The former House speaker is expected to make the announcement after Tuesday's elections. Pelosi has represented San Francisco in Congress for nearly four decades. She stepped down as House Democratic leader in 2022, saying that it was time for a new generation to lead. However, she vowed to remain in Congress, representing California's 12th congressional district.
https://www.themirror.com/news/politics ... ly-1482534
Nancy Pelosi is reportedly set for retirement and won't be seeking reelection in 2026.
The former House speaker is expected to make the announcement after Tuesday's elections. Pelosi has represented San Francisco in Congress for nearly four decades. She stepped down as House Democratic leader in 2022, saying that it was time for a new generation to lead. However, she vowed to remain in Congress, representing California's 12th congressional district.
https://www.themirror.com/news/politics ... ly-1482534
Re: Bye
Six Flags America Officially Closes After 50 Years of Operation
After more than 50 years of operation, an east coast Six Flags has officially closed its gates forever.
On Sunday, Nov. 2, the Six Flags America amusement park in Bowie, Md., welcomed guests for one last time.
https://people.com/six-flags-america-of ... s-11842024
After more than 50 years of operation, an east coast Six Flags has officially closed its gates forever.
On Sunday, Nov. 2, the Six Flags America amusement park in Bowie, Md., welcomed guests for one last time.
https://people.com/six-flags-america-of ... s-11842024
Re: Bye
Best wishes Nancy
Former Speaker Nancy Pelosi announces retirement after 37 years in House
Rep. Nancy Pelosi is calling it quits.
The California Democrat announced on Thursday that she will not seek reelection for another term, closing the book on a storied, four-decade career through which she rewrote history as the country’s first female Speaker; advanced some of the most consequential legislation of the modern era; and secured her place as among the most powerful — if polarizing — lawmakers ever to serve in Congress.
https://thehill.com/homenews/house/5590 ... etirement/
Former Speaker Nancy Pelosi announces retirement after 37 years in House
Rep. Nancy Pelosi is calling it quits.
The California Democrat announced on Thursday that she will not seek reelection for another term, closing the book on a storied, four-decade career through which she rewrote history as the country’s first female Speaker; advanced some of the most consequential legislation of the modern era; and secured her place as among the most powerful — if polarizing — lawmakers ever to serve in Congress.
https://thehill.com/homenews/house/5590 ... etirement/
Re: Bye
ESPN Bet will soon be no more
The four-letter network’s partnership with PENN Entertainment will go belly up on December 1. ESPN announced on Thursday a “mutual agreement” with PENN to abandon a relationship that failed from the get go to live up to oversized expectations.
And so the 10-year, $1.5 billion deal will have lasted little more than two years.
https://www.nbcsports.com/nfl/profootba ... be-no-more
The four-letter network’s partnership with PENN Entertainment will go belly up on December 1. ESPN announced on Thursday a “mutual agreement” with PENN to abandon a relationship that failed from the get go to live up to oversized expectations.
And so the 10-year, $1.5 billion deal will have lasted little more than two years.
https://www.nbcsports.com/nfl/profootba ... be-no-more
Re: Bye
Antonio Brown extradited from Dubai to face trial for Miami shooting, police say
Former NFL star Antonio Brown was extradited from the Middle East to the U.S. to face trial for a shooting that occurred outside a Miami boxing event earlier this year, police confirmed Thursday afternoon.
Brown, 37, is being held in Essex County, New Jersey awaiting another extradition to Miami-Dade County, Miami police said. It is currently unclear the exact time that law enforcement officials apprehended him and when he will be transported to Miami-Dade.
https://archive.fo/20251107001403/https ... 0-1203.255
Former NFL star Antonio Brown was extradited from the Middle East to the U.S. to face trial for a shooting that occurred outside a Miami boxing event earlier this year, police confirmed Thursday afternoon.
Brown, 37, is being held in Essex County, New Jersey awaiting another extradition to Miami-Dade County, Miami police said. It is currently unclear the exact time that law enforcement officials apprehended him and when he will be transported to Miami-Dade.
https://archive.fo/20251107001403/https ... 0-1203.255
Re: Bye
Farmers’ Almanac To End Publication After 208 Years
The Farmers’ Almanac, known for its mix of long-range weather forecasts, gardening advice, and astrological insights, has announced that its 2026 edition will be its last.
Why It Matters
The periodical, based out of Lewiston, Maine, was first published in 1818 and represents more than 200 years of American publishing history.
https://www.newsweek.com/farmers-almana ... s-11008247
The Farmers’ Almanac, known for its mix of long-range weather forecasts, gardening advice, and astrological insights, has announced that its 2026 edition will be its last.
Why It Matters
The periodical, based out of Lewiston, Maine, was first published in 1818 and represents more than 200 years of American publishing history.
https://www.newsweek.com/farmers-almana ... s-11008247
Re: Bye
Yes i get it it's Mark's fault that this happened but it's also the Corporate Media's fault for wasting all that money they shell out to these athletes who claim to be sports media experts instead of real sports journalists they don't care anyway
Mark Sanchez fired from Fox Sports after alleged assault
The former NFL player and football analyst was charged with felony battery after allegedly attacking a truck driver outside a hotel in Indianapolis.
https://www.goodmorningamerica.com/video/127330406
Mark Sanchez fired from Fox Sports after alleged assault
The former NFL player and football analyst was charged with felony battery after allegedly attacking a truck driver outside a hotel in Indianapolis.
https://www.goodmorningamerica.com/video/127330406
Re: Bye
MLB pitchers Emmanuel Clase and Luis Ortiz charged with taking bribes to rig pitches for bettors
NEW YORK (AP) — Cleveland Guardians pitchers Emmanuel Clase and Luis Ortiz have been indicted on charges they took bribes from sports bettors to throw certain types of pitches, including tossing balls in the dirt instead of strikes, to ensure successful bets.
According to the indictment unsealed Sunday in federal court in Brooklyn, the highly paid hurlers took several thousand dollars in payoffs to help two unnamed gamblers from their native Dominican Republic win at least $460,000 on in-game prop bets on the speed and outcome of certain pitches.
https://apnews.com/article/mlb-baseball ... ca427cf7c1
NEW YORK (AP) — Cleveland Guardians pitchers Emmanuel Clase and Luis Ortiz have been indicted on charges they took bribes from sports bettors to throw certain types of pitches, including tossing balls in the dirt instead of strikes, to ensure successful bets.
According to the indictment unsealed Sunday in federal court in Brooklyn, the highly paid hurlers took several thousand dollars in payoffs to help two unnamed gamblers from their native Dominican Republic win at least $460,000 on in-game prop bets on the speed and outcome of certain pitches.
https://apnews.com/article/mlb-baseball ... ca427cf7c1
Re: Bye
Tim Davie resigns as BBC director general after accusations of ‘serious and systemic’ bias in coverage
Tim Davie, the BBC’s director general, and the head of BBC News have resigned after a former adviser to the corporation accused it of “serious and systemic” bias in its coverage of issues including Donald Trump, Gaza and trans rights.
In an announcement that caused shock within the corporation, Davie said his departure was “entirely my decision” and it comes as the BBC prepares to apologise for the way it edited a Trump speech.
https://www.theguardian.com/media/2025/ ... or-general
Tim Davie, the BBC’s director general, and the head of BBC News have resigned after a former adviser to the corporation accused it of “serious and systemic” bias in its coverage of issues including Donald Trump, Gaza and trans rights.
In an announcement that caused shock within the corporation, Davie said his departure was “entirely my decision” and it comes as the BBC prepares to apologise for the way it edited a Trump speech.
https://www.theguardian.com/media/2025/ ... or-general
Re: Bye
Who could replace Nico Harrison? Seven names to watch in Dallas with Mavericks GM fired
Nico Harrison was fired as the general manager of the Dallas Mavericks Tuesday. Between a dreary 3-8 start and the vociferous "fire Nico" chants that remain a constant at Mavericks home games, it seemed as though it was only a matter of time before Harrison was axed. It turns out trading Luka Dončić may not have been the best idea.
The firing will surely bring some measure of relief to a fanbase that appears utterly determined to boo Harrison out of this job, but it won't be long before that relief is replaced by a new sort of anxiety. This is a tricky job, one with plenty of upside, but a fair amount of downside. Having Cooper Flagg means everything. His mere presence gives Dallas hope for the future. But without control over their first-round picks between 2027 and 2030, we're headed into one of the most critical stretches in Mavericks history.
https://www.cbssports.com/nba/news/nico ... andidates/
Nico Harrison was fired as the general manager of the Dallas Mavericks Tuesday. Between a dreary 3-8 start and the vociferous "fire Nico" chants that remain a constant at Mavericks home games, it seemed as though it was only a matter of time before Harrison was axed. It turns out trading Luka Dončić may not have been the best idea.
The firing will surely bring some measure of relief to a fanbase that appears utterly determined to boo Harrison out of this job, but it won't be long before that relief is replaced by a new sort of anxiety. This is a tricky job, one with plenty of upside, but a fair amount of downside. Having Cooper Flagg means everything. His mere presence gives Dallas hope for the future. But without control over their first-round picks between 2027 and 2030, we're headed into one of the most critical stretches in Mavericks history.
https://www.cbssports.com/nba/news/nico ... andidates/
Re: Bye
Brian Daboll Crashed Out. Now Can the Giants Cash In?
Someone once told me that when a person yells, it’s because they’re scared. As head coach of the New York Giants, Brian Daboll yelled a lot. When Daboll was hired by New York in 2022, his motto—which became the team’s motto—was “smart, tough, and dependable.” The Giants put the phrase on everything, from the walls of their facility to their sweatshirts. Unfortunately, under Daboll, the only thing you could depend on the Giants for was losing.
Daboll’s Giants lost big, lost late, and lost often: Their record over Daboll’s three and a half seasons in charge was 20-40-1. The “smart” from his motto became “scared.” A prime example is the loss against the Bears on Sunday: The Giants were afraid of a potential backlash against elevating Jameis Winston over Russell Wilson as backup QB, which cost them dearly when Wilson ended up playing haplessly once again in relief of Jaxson Dart. “Tough” was replaced by “reckless,” especially with how Daboll deployed Dart. Dart’s rushing prowess became the focus of the offense this season, and he’s been evaluated for a concussion four times—including against Chicago, when he was diagnosed with one. So after the Giants blew a 10-point fourth-quarter lead against the Bears on Sunday—their fourth blown double-digit lead of the year—and managed to lose Dart in the process, it wasn’t surprising that New York decided to fire Daboll on Monday morning.
https://www.theringer.com/2025/11/11/nf ... ring-cycle
Someone once told me that when a person yells, it’s because they’re scared. As head coach of the New York Giants, Brian Daboll yelled a lot. When Daboll was hired by New York in 2022, his motto—which became the team’s motto—was “smart, tough, and dependable.” The Giants put the phrase on everything, from the walls of their facility to their sweatshirts. Unfortunately, under Daboll, the only thing you could depend on the Giants for was losing.
Daboll’s Giants lost big, lost late, and lost often: Their record over Daboll’s three and a half seasons in charge was 20-40-1. The “smart” from his motto became “scared.” A prime example is the loss against the Bears on Sunday: The Giants were afraid of a potential backlash against elevating Jameis Winston over Russell Wilson as backup QB, which cost them dearly when Wilson ended up playing haplessly once again in relief of Jaxson Dart. “Tough” was replaced by “reckless,” especially with how Daboll deployed Dart. Dart’s rushing prowess became the focus of the offense this season, and he’s been evaluated for a concussion four times—including against Chicago, when he was diagnosed with one. So after the Giants blew a 10-point fourth-quarter lead against the Bears on Sunday—their fourth blown double-digit lead of the year—and managed to lose Dart in the process, it wasn’t surprising that New York decided to fire Daboll on Monday morning.
https://www.theringer.com/2025/11/11/nf ... ring-cycle
Re: Bye
Larry Summers resigns from OpenAI board after release of emails with Epstein
Former Treasury Secretary Larry Summers said Wednesday that he will resign from the board of OpenAI after the release of emails between him and the notorious sex offender Jeffrey Epstein.
Summers had announced Monday that he would be stepping back from all public commitments, but it was not immediately clear whether that included his position at the artificial intelligence startup.
https://www.cnbc.com/2025/11/19/larry-s ... penai.html
Former Treasury Secretary Larry Summers said Wednesday that he will resign from the board of OpenAI after the release of emails between him and the notorious sex offender Jeffrey Epstein.
Summers had announced Monday that he would be stepping back from all public commitments, but it was not immediately clear whether that included his position at the artificial intelligence startup.
https://www.cnbc.com/2025/11/19/larry-s ... penai.html
Re: Bye
Blue Owl calls off merger of its two private-credit funds after announcement rattles stock, sources say
Blue Owl has decided to call off the merging of two of its private-credit funds after the deal caused some angst among investors, according to people familiar with the matter.
The firm had planned to merge its smaller, non-traded Blue Owl Capital Corporation II (OBDC II), into the larger, publicly traded fund Blue Owl Capital Corporation (OBDC). In doing so, the firm restricted investors in the $1.7 billion OBDC II from redeeming until the deal closed, even as the merger would have meant about 20% paper losses, based on where the $17.1 billion OBDC has been trading.
https://www.cnbc.com/2025/11/19/blue-ow ... s-say.html
Blue Owl has decided to call off the merging of two of its private-credit funds after the deal caused some angst among investors, according to people familiar with the matter.
The firm had planned to merge its smaller, non-traded Blue Owl Capital Corporation II (OBDC II), into the larger, publicly traded fund Blue Owl Capital Corporation (OBDC). In doing so, the firm restricted investors in the $1.7 billion OBDC II from redeeming until the deal closed, even as the merger would have meant about 20% paper losses, based on where the $17.1 billion OBDC has been trading.
https://www.cnbc.com/2025/11/19/blue-ow ... s-say.html