FT Alphaville- Further reading June 1, 2020Immunological dark matter; genetic outliers; prison chic; flying cars; and much more.
- Markets Now - Friday 29th May 2020 May 29, 2020Last updated 2:00pm BST. Featuring Rolls-Royce, Provident Financial, BP and Barclays.
- Dire predictions on US jobs are proving prescient May 29, 2020The labour market meltdown is likely even worse than the official unemployment rate shows.
- Congratulations Elon, you’ve earned it May 29, 2020When an option payout is larger than aggregate profits.
- Goldman Sachs betrays bitcoin May 29, 2020“Goldman Sucks!” “Bankers behind bars!”
- Further reading June 1, 2020
Category Archives: Choice Debt Equity
What do you do with $ 30 bn cash ?
On October 10th, it was revealed that Google is developing a self-driving car and that it had already tested it over 140,000 miles of public roads. I also learned, reading that article, that Google is sponsoring a prize for landing … Continue reading
The limits of covenants
On October 5th 2010, the Flemish business paper De Tijd published a short article entitled “Banken blijven noodlijdend technologiebedrijf Option steunen” (Banks are obliged to go on supporting the technology company Option). Option is a Belgian company manufacturing mobile modems. … Continue reading
Posted in Choice Debt Equity, Debt structure
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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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