

#7832
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
Recommended by 

as an excellent book, especially regarding distressed debt fights.


Tracy Alloway

59 snips
Inside the Blood Sport of Creditor-on-Creditor Violence
Mentioned by ![undefined]()

as a fascinating true story on the bankruptcy of Caesar's Palace, demonstrating how brutal the distress market is today.

Greg Peters

26 snips
#42 The Credit Expert
Mentioned by 

as a book about the bankruptcy of Caesar's Palace.


Mohnish Pabrai

16 snips
TIP347: Value Investing in 2021 w/ Mohnish Pabrai
Mentioned by ![undefined]()

when discussing the Odd Lots podcast episode on debt swaps and the ambiguity of legal documents.

Jen

156. FX 101, Operation Twist and Yale’s Selling Their ENTIRE $6bn PE Portfolio
Mentioned by 

as the book detailing the bankruptcy of Caesars Entertainment.


Ted Seides

Max Frumes and Sujeet Indap –Inside the Sausage Factory of the Caesar’s Restructuring (Capital Allocators, EP.209)