peHUB Second Opinion 4.5

Bankruptcy Sleuths Find Cash in Trader Receipts for Lap Dancers: "I call it leverage gone wild," Grede says. (Bloomberg) Bondholders The New Activist Shareholders: The trouble with coercive debt exchanges. (Dealscape) CNBC=Cranky Nasty Business Correspondent: In which Rick Santelli tells Steve Liesman he "sounds like Richard Nixon." Drought: Dan mentioned this earlier today, but failed to highlight in the FT report the part that says the firm considered more than 140 LBO deals and agreed to zero. "Cautiously optimistic" anyone? (FT) Stranded at the Alter: With walk-away deals, what's the best way to deal? (Deal Professor) Bears: Nouriel Roubini's op-ed in the Journal today says we shouldn't believe the stress tests. (WSJ)

6 May 2009•1 min read
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