De-Leveraged Buyouts

‘The Fall of Icarus’ by artist Marc Chagall Two reports about strategic M&A and private equity were released recently.   Paul Weiss, a well-known corporate law firm, prepared a concise survey …

De-Leveraged Buyouts Read More »

Hedge Your Hedge Say it ain’t so.  How many more obscure, undercapitalized financial institutions are lurking in the midst?  According to a New York Times investigative article, and summarized here, Customer Asset …

Hedge Your Hedge Read More »

Milken: Why Capital Structure Matters

Modigliani-Miller Proposition II CAPM

Michael Milken, the former junk bond king, explains why capital structure matters and how it should be modified with regard to market signals.

Scroll to Top