💥They're Real and They're SPACtacular. Part III.💥

Hertz/Makewholes, Bankruptcy Amount Changes, Texas Two-Step Scrutiny, Argentina & More

👎 Losers of the Week 👎

1. The Restructuring Industry…Again (Long Beating a Dead Horse). LOL. It’s Fitch Ratings’ monthly reminder that a lot of you are sitting around with jack-f*ck-all to do! Per their newly issued commentary, “The U.S. high yield trailing 12-month default rate stands at 0.3%, the lowest level on record dating back to 2001….” This wo…