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FT Alphaville
- Checking in on SoftBank March 20, 2023Shall the sins of Credit Suisse be visited upon the Son?
- Small banks, big reach March 20, 2023Everything you wanted to know about US regional banks but were too afraid (bored) to ask
- We didn’t expect the leopards to eat OUR faces, say AT1 bondholders March 20, 2023CoCo pops
- FTAV’s further reading March 20, 2023The liquidity vacuum; the Peston effect; Elon Musk’s wonky autopilot; GPT, jobs and censorship; Paulo Freire; and trolling
- Good news: ChatGPT would probably fail a CFA exam March 20, 2023Artificial intelligence versus arbitrary irrelevance
- Checking in on SoftBank March 20, 2023
Category Archives: Equity
Conflict between shareholders and lenders: the perfect example
For years, I have been explaining to my students that there is a potential conflict of interest between the owners of a company and the people that lend money to it. Indeed, shareholders have the chance to get an upside on … Continue reading
Posted in Choice Debt Equity, Equity
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