💥Creditor's Prison💥

Daniel Kamensky, Sequential Brands, Greenhill & Co Inc., B. Riley Financial & More

👍Winners & Losers of the Week 👎


1. In-House Lawyers? And so it begins. Again. Per JPMorgan Chase & Co. ($JPM), the distressed bond universe is approximately $8.6b today. Repeat: $8.6b. That is a measly 0.6% of the non-defaulted universe, marking a low not seen since September of 2007. Repeat: 2007. To refresh your recollection, the total hit ~$…

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