Tom Gober Weighs in During PBS News Hour Segment

Jan. 16, 2025

Deep Dive Analytics founder Tom Gober was featured in a PBS New Hour segment, Why Private Credit is Creating Concerns Among Economists in December.

The segment exposes the hidden risks associated with the highly unregulated $3 trillion private credit industry, highlighting recent failures such as the bankruptcy of First Brands Group.

According to the televised segment, some economists and investors believe that a collapse in the private credit industry would result in a financial crisis similar to the 2008 economic meltdown after the housing bubble burst. Private credit is debt financing by non-bank lenders directly to companies, bypassing public markets and traditional banks.

In the PBS News Hour piece, Gober and other experts speak of the likelihood of a cascading effect in the event of a private credit industry collapse that would threaten other financial sectors, such as life insurance and annuities.

Watch the PBS news segment now.

Deep Dive Analytics Founder Tom Gober Featured in Bloomberg News Series

Dec. 15, 2025

Tom Gober – certified fraud examiner, forensic accountant and founder of Deep Dive Analytics – is prominently featured in a four-part series on the risky practices of life insurance and annuity companies by Bloomberg News. The first article in the series called Rewritten Retirement Promise was published Nov. 16.

The series takes a deep dive into how private equity firms are investing in and transforming the life insurance industry, controlling billions of dollars in insurance assets while creating potential risks for policyholders. Private equity involvement, in short, is shifting the priority of life insurance assets from taking care of the insured to turning profits for investors.

The Bloomberg series examines systemic issues related to complex financial strategies, asset management and regulatory oversight. The reinsurance trend is highlighted in the series as a key area of concern by experts like Gober. Reinsurance occurs when life insurance companies establish offshore entities – in places like Bermuda – to service their companies and to share risk.

The overarching warning, echoed by Gober and other experts quoted in the series, is that in certain circumstances, U.S. life insurance companies could be short enormous amounts of money and unable to fulfill their obligations to their customers.