The Rise of Net-Debt Short Activism (Short Low Default Rates)
Aurelius Goes After Windstream Holdings Inc.
🤓Another nerd alert: this is about to get technical.🤓
With default rates low, asset prices high, and a system awash with heaps of green, investors are under pressure by LPs and looking for ways to generate returns. They’ll manufacture them if needs be. These forces help explain the recent Hovnanian drama, th…