#10491
Mentioned in 4 episodes
Caesars Palace Coup
Book • 2022
The book narrates the most brutal corporate restructuring in Wall Street history, focusing on the 2015 bankruptcy of Caesars Entertainment.
It pits private equity legends from Apollo Global Management and TPG Capital against relentless hedge fund investors from firms like Elliott Management, Oaktree Capital, and Appaloosa Management.
The authors, Max Frumes and Sujeet Indap, illuminate the complex financial engineering, legal battles, and the fight-to-the-death mentality of these modern financiers, which continues to impact workers, politicians, and broader society.
The book provides a fascinating inside look at distressed debt markets and the strategies employed by these financial players.
It pits private equity legends from Apollo Global Management and TPG Capital against relentless hedge fund investors from firms like Elliott Management, Oaktree Capital, and Appaloosa Management.
The authors, Max Frumes and Sujeet Indap, illuminate the complex financial engineering, legal battles, and the fight-to-the-death mentality of these modern financiers, which continues to impact workers, politicians, and broader society.
The book provides a fascinating inside look at distressed debt markets and the strategies employed by these financial players.
Mentioned by
Mentioned in 4 episodes
Mentioned by Greg Peters as a fascinating true story on the bankruptcy of Caesar's Palace, demonstrating how brutal the distress market is today.
26 snips
#42 The Credit Expert
Mentioned by Jen when discussing the Odd Lots podcast episode on debt swaps and the ambiguity of legal documents.
156. FX 101, Operation Twist and Yale’s Selling Their ENTIRE $6bn PE Portfolio
