Hints and tips:
...“The decision [creditors] have to make is would I rather take the equity [in WeWork] and play for that upside or would I rather take the cash offer I’m being given [by Neumann]?”...
...A lot of the portfolio moved across the table to the creditors,” Mechanic said....
...In today’s newsletter: Adam Neumann targets WeWork Harvey Schwartz’s first year at Carlyle Michael Klein navigates Saudi-US SoftBank and Neumann: We only part to meet again Adam Neumann is the ex you...
...Ortenca AliajSeveral creditors, not just SoftBank, but yes, a lot of the creditors that are currently involved....
...Tolley pointedly emphasised “cash ebitda” in recent negotiations with WeWork creditors....
...At dawn in Phuket, Steyn’s phone pinged with another message from Koch, who’d fired off something in anger at the end of the day in Panama....
...Dawn in the south Pacific was blinding, the low sun reflected across a glittering ocean....
...Buchacher’s statement captured a trend that was weakening the European left even before the dawn of the 21st century....
...Simpson Thacher has hired Adam Risell for the firm’s investment funds practice. He previously worked at Cadwalader....
...Today’s big read The reappearance this week of WeWork co-founder Adam Neumann caught creditors in the co-working giant by surprise and added to the chaos of an already messy bankruptcy process....
...Adam Neumann is trying to buy the company, and he says he’s partnering with the hedge fund Third Point to make it happen....
...It was founded in May and backed by a jailed MP of the former neo-Nazi Golden Dawn party....
...But I’m assuming that you’ll like to wander and find your own route....
...And what else I’m keeping tabs on today: Elections: Off-year elections will take place in states across the US today — a year before the presidential election....
...And so normally what you do is say, well, I’m gonna go back to the bond market or I’m gonna go back to the loan market or whatever it is, and I’m gonna say, can I borrow some more money, please?...
...Early last summer, Adam Yedidia took Sam Bankman-Fried to one side after a game of paddle tennis....
...I’m very proud of what we built . . . [We are] increasing our revenues and becoming more sustainable.” Brazilian football is one of the enigmas of global sport....
...Today I’m asking if the rash of sovereign debt crises involving China as a creditor are going to get fixed soon, and whether a non-binding declaration attached to an EU trade deal will be the thing that...
...I’m Ethan Wu. Thanks for listening. [MUSIC PLAYING]...
...This observation, from Adam Cole, a currencies analyst at RBC, is amazing and sums up the point rather well....
...I find Peter Wirtzfeld and Dawn Cobbett....
...There’s a central problem for the creditors hoping for a recovery from the implosion of Sam Bankman-Fried’s FTX....
...Goldman Sachs managing director Adam Iqbal has joined hedge fund Capstone Investment Advisors as a portfolio manager based in London....
...As he likes to point out, the economic concepts of productivity and value-added labour date back to Adam Smith....
...Adam Posen, president at Peterson Institute: Worse....
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