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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: December 18, 2017
“Wolf of Wall Street” warns on financially destructive human behavior
Good comments in this segment on the vulnerability of humans to financially destructive behaviors. Belfort knows first-hand both how easy it is to lure people into harm’s way, but also how the slippery slope of greed tends to extinguish self-preservation … Continue reading
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