Distressed Securities news from FierceFinance
News
Sometimes a deal can really work out
TheDeal.com offers an interesting look at a deal that's working out; it may end up a rare example of success. Recall that Verizon Wireless agrees this month to buy Alltel from TPG Capital and Read more...
Ready for 'write-ups' in the second quarter?
Breakingviews notes another reason to think that the worst of the credit crisis may have passed. Credit default swaps on collateralized debt obligations and leveraged loans have staged impressive Read more...
ALSO NOTED: Morgan Stanley to sell MSCI shares; WaMu spurned JP Morgan in favor of TPG; and much more...
Company News: > Franklin Resources suffers withdrawals. Article > Morgan Stanley to sell MSCI shares. Read more...
Buyout firms invest in own debt
Well, you can't fault them for their conviction. Three big private equity firms--Apollo Management, TPG Capital and the Read more...
SPOTLIGHT: Hedge funds betting on distressed debt
Hedge funds have got to make money, whether the markets move up or down. So it's not surprising that the majority of them are loading up on distressed securities. Many also are expecting more Read more...