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Most pensions and life insurers and so on are mandate constrained to investment grade only.

2008 wasn't fund managers deciding all together in unison to buy bad mortgages. It was AAA ratings on diversified MBS that should have been rated much lower giving them cover to load up.

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CoreWeave is making the same case for its bonds.
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Correct - there are no freebies here!

You can't really rip off bond-holders when you are not positive EBIT and EBITDA...

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Someone working for a fund and whose job is to INVEST is going to loose their job for NOT buying into the ponzi scheme that is running 20% growth YoY
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