1min chapter

The Alchemy of Money cover image

David Tepper: The King of Bouncing Back

The Alchemy of Money

CHAPTER

Tepper's Deal With Delphi

In two thousand seven, he agreed with a company on a new two and a half billion recapitalization to take it out of bankruptcy. Teperet put in place covenants that allowed him to pull out of the deal. But this time, tepper walked away from the fight. Like a lot of people, we did not see how awful the economy would getTepper later said, the world got worse.

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