Hints and tips:
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...“It’s for new money, not for all the loans we’ve already made that are going to go bad.”...
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...They went into this pool, started recycling, within four or five years they solved themselves....
...One of its lawyers documented the loans Phillip Bennett, then chief executive, used to disguise the $430m debt he owed to the brokerage group....
International Edition