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Cory’s Chart Corner
Load MoreMore marked-to-fantasy credits hit the windshield.
h/t @NickNemo17Nick Nemeth (Mispriced Assets) @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____________________________
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John Taylor on the fate of the Euro and 2012’s “worse recession than 2008”
John Taylor, chairman and founder of FX Concepts LLC, discusses the outlook for the euro, gold and the prospects for a recession in the U.S. next year. Watch the Bloomberg clip here.
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Welcome to the new blog
I have not cussed so much in quite some time…but here it is at long last. Thanks greatly to Wendy, Cory, Dan, Mike, Stanley and all the many others who helped us turn geek speak codes into something appealing and … Continue reading
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Carbonnation- The Movie, available on DVD and demand Aug 1
You don’t have to believe that humans are bringing about climate change to see the huge opportunties in green, domestic, self-sustaining energy. This is the biggest no brainer since the wheel. A low-carbon economy is also a national security issue, … Continue reading
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