This blog will try to dissect distressed debt investing, up and down the capital structure. We will look at current distressed debt situations, try to explain the ins and outs of how decisions are made in the distressed debt world, probably rant a few times about positions that are working against me, and hopefully enlighten some readers.
12.07.2009
Pershing Square Investor Letter
Lots of discussion on GGP's bankruptcy (a favorite of distressed debt investors) in the letter.
Hunter,
ReplyDeleteAny thoughts on this one as it continues to unfold?
...GGP that is.
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