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Cory’s Chart Corner
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More marked-to-fantasy credits hit the windshield.
h/t @NickNemo17Thoma Bravo turned in the key on Medallia.
$6.4B of equity wiped.
It now carries $3B in debt against $200M of EBITDA.
Blackstone had $1.5b of the debt across their nearly identical retail facing credit funds marked it most recently at 60.3c.
It's now a zero. Credit
Daily Archives: September 15, 2014
Precious metals retracing on rising U$
From bubble-mania pricing in the summer of 2011, silver and gold have continued their mean reversion tumble as the US dollar has strengthened against all (well nearly all) forecasts. The following big picture charts of silver and then gold offer … Continue reading
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Financial unions and the debt chains that bind
The Scottish vote for independence this week can go either way, the polls are too close to call. But after the global debt bubble of 1996 to 2014, it makes perfect sense that people all over the world are today … Continue reading
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