Hints and tips:
...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
...If the company could fully master the execution of acquiring used cars and then matching them with buyers around the country via smartphones, the opportunity remains enormous....
...“It’s our property, we are not unsecured creditors,” he told Kaplan at Thursday’s hearing....
...JOSHUA FRANKLYN: Most of those creditors, a group of hedge funds, pay Citi that money back. They recognise, oh, this was made in error....
...They are among the firm’s largest creditors and their unfunded retirement benefits are being paid out of the partnership’s cash flows....
...A chess master is working to ensure the company succeeds, The Wall Street Journal reports....
...Ortenca AliajSeveral creditors, not just SoftBank, but yes, a lot of the creditors that are currently involved....
...with dealmakers What else Elon has lost Xavier Niel’s latest Italy deal rejected Dealmakers hit the links amid a mega golf deal Apollo Global has built a reputation on Wall Street for teeing off on creditors...
...After all, Milei has his hands full — with a feeble economy, ramshackle finances and the need to appease many masters....
...It fuels some fretful reflections on the digital revolution in knowledge access and retrieval....
...Apollo has instead sold the $500mn loan at par to the hedge fund Citadel’s Citadel Credit Master Fund, according to a person directly familiar with the matter and a court filing....
...“The supervisor of the train master was stripped of his responsibilities, while the control centre in Athens was split into two,” said Retsinas....
...The junior staff joining H2O found Crastes was no aloof master of the universe....
...In a similar vein, when the Long-Term Capital Management hedge fund collapsed in 1998, the New York Federal Reserve put together a $3.6bn rescue fund from contributions from its big Wall Street creditors...
...Still, his plight elicited sympathy from some rivals, who viewed his treachery more as a clumsy lapse in judgment over a few hours, in the midst of pandemic isolation, than a master conspiracy....
...No haircuts, no masters. And more important, no realised losses from rate increases! Find the term sheet here. US equity-market futures were up more than half of one per cent at pixel....
...Additional reporting by Michael O’Dwyer and Brooke Masters in New York and George Parker in London...
...Tesla has named Vaibhav Taneja as its new chief financial officer, replacing Zach Kirkhorn, who served as “master of coin” for four years....
...Central to those regimes was imposing losses on owners, bondholders and other unsecured creditors, including depositors with funds exceeding their country’s guarantee limit....
...Late in April, BBBY filed for bankruptcy protection amid cratering revenue and is on the verge of an ugly liquidation that will cost jobs and burn company shareholders and many creditors....
...But one has to please two masters, points out Andy Bounds: Virginijus Sinkevičius, commissioner for fishing and the environment....
...But Gramercy has been talking to chief financial officers and believes they want to work out an agreement with their creditors. They just do not know how....
...A 2011 bid to buy the bookstore chain Borders out of bankruptcy fell apart after the company’s creditors preferred to sell assets to liquidators....
...In doing so, it effectively wagered that Russia would pay its creditors....
...he told the FT’s Josh Franklin and Brooke Masters. “If people think I have a big ego, I did have a big ego. I don’t care.”...
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