Another day, another crisis in the credit markets. KKR Financial, which is a publicly traded investment vehicle run by Kohlberg Kravis Roberts, made headlines this morning when it asked for a restructuring of billions of dollars in short-term debt. Apparently they’ve struck a bargain with their investors to delay the repayment of the debt, which was due last Friday, until March. But reading about the story of KKR Financial is like watching the credit crunch in action.
- How Did KKR Financial Become A Buyout Loan SIV? February 20, 2008
- Mike Corbat's Sales Pitch To Would-Be Junior Bankers For Joining Citi: You Can't All Work At Hedge Funds October 1, 2014
- Heckling Carmelo Anthony Costs Financial Services Employee His Job, Clean Arrest Record, Sweet Corporate Seats: Lawsuit October 1, 2014
- Mark Zuckerberg Wants To Be A Feudal Lord Too, Damn It October 1, 2014
- Guy Who's Short Herbalife Says Guy Who's Long Herbalife Saying Guy Who's Short Herbalife Saying Herbalife Is A Fraud Is A Fraud Is A Fraud March 13, 2013
- John Paulson Doesn’t Want To Run A Mutual Fund, But… October 1, 2014
- SEC Charges Guy With Being Very Bad Roommate September 30, 2014
- Opening Bell: 10.01.14 October 1, 2014
- People Are Not Paying Enough Attention To Larry Summers October 1, 2014
- BofA Kinda Forgot That Structured Notes Mature September 30, 2014
- Executive Editor
- Bess Levin
How Can We Help You?
- Send tips to:
- For tech issues email:
- For advertising or events email:
- For research or custom solutions email:
- Dealbreaker is published by Breaking Media.
For a full list of our sites, services and staff visit breakingmedia.com