Hertz Would Like To Sell You Half A Billion Worth Of Worthless Stock
Behold, the most amazing regulatory filing in the history of stupid capitalism.
bankruptcy
What, No One Wants To Trade A Hertz Pink Sheet?
That NYSE listing is apparently worth several dollars a share to a stock that’s only worth several dollars a share.
Deutsche Bank Did Thing, Will Obviously Get Fined For It
Maybe next time listen to those voices asking, “Is it a good idea to do business with a sex offender?”
![By No machine-readable author provided. Bogdan assumed (based on copyright claims). [GFDL or CC-BY-SA-3.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTE3MTgyNjUwMzMy/marijuana.jpg)
Bill Barr A Real Stickler For The Rules When It Comes To Weed Workers Filing For Bankruptcy
Maybe they should try obstructing justice on the president’s behalf, instead.
Goldman To Turn Gymboree Into Something More Goldman-y
And, surprise, surprise, make sure it makes money on a series of spectacularly miscalculated investments.
Bankruptcy Judge Is Really Rather Sick Of Nitpicking Over The Intricacies Of Bankruptcy Law
Which is a rather extraordinary thing to say for a bankruptcy judge, but in the case of Jay Alix v. McKinsey, we totally get it.
![By DR04 [CC BY 3.0], from Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTI3MTE0NDM0NTI0/sears.jpg)
The Desiccated Corpse of Sears, Which Does Not Have $200 Million, Owes Its Lawyers $200 Million
And it cannot rest in peace until they're paid.
![By Chris Potter (Flickr: 3D Judges Gavel) [CC BY 2.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTIzODkyNjg0Mjc3/gavel.jpg)
Highland Capital Founder Could Not Be Happier To Not Be A Hedge Fund Manager Anymore
No more dealing with the disrespectful idiots who made up Jim Dondero’s client base.
Sears Bankruptcy Case Reaches ‘Good Luck Suing Eddie Lampert’ Phase
Because there’s not enough money coming from anywhere else.
Seth Klarman To Roll Around In PG&E Winnings While Paul Singer, Others Fight Over Charred Scraps
Baupost Group is as hot as a California wildfire.
Congratulations And Condolences To Eddie Lampert On Getting To Keep Sears
A federal bankruptcy judge rules that it’s not his job to save hedge fund managers from themselves.
Eddie Lampert Wins Sears Auction, Loses More Generally
He realizes this means he still owns Sears, right?
![By Jonrev at English Wikipedia [Public domain], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTE1MzAyOTQ2Nzgw/sears.jpg)
Sears Is Dead. Eddie Lampert Is Still Very Much OK.
He didn’t want to file for bankruptcy and he’s not gonna be CEO anymore, but he’s still probably gonna get everything he wants.
Don’t Make Eddie Lampert Do This
His game of chicken with Sears shareholders gets serious.
Sears Still Very, Very Much Screwed, Eddie Lampert Still Very Much Going To Be Better Than OK
That is, until Sears files for bankruptcy.
McKinsey Has Either Assembled An Incredibly Conflict-Free Client Roster Or Is Hiding Something
A competitor has a sinking suspicion it’s the latter.
![Rob Lavinsky, iRocks.com – CC-BY-SA-3.0 [CC BY-SA 3.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTE0MjI4ODExNzQw/platinum-54286.jpg)
Things Are Going To Get A Lot Worse For Platinum Partners Before They Get Better
Or they'll just keep getting worse and never get better. It's one of these two things.
Martin Shkreli's Former Company To Get Bankruptcy Loan Pending Full Shkreli-ectomy
The former hedge funder should have seen this coming.