tag:blogger.com,1999:blog-6321089372587128676.post9124579349978289896..comments2023-10-17T10:01:00.917-04:00Comments on Distressed Debt Investing: Berkshire Hathaway Requests Examiner in the Rescap CaseUnknownnoreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6321089372587128676.post-48727536272222412952012-06-13T18:47:13.144-04:002012-06-13T18:47:13.144-04:00Hunter,
How about an update of Arctic Glacier?
A...Hunter,<br /><br />How about an update of Arctic Glacier?<br /><br />AnonAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6321089372587128676.post-44826031878965917422012-06-12T10:34:33.875-04:002012-06-12T10:34:33.875-04:00Isn't Berkshire only interested in Ally's ...Isn't Berkshire only interested in Ally's Whole Loan portfolio and not the servicing portfolio? Also did they sell its bonds so that it could make a bid on the whole loans?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6321089372587128676.post-5750065847260680942012-06-11T06:00:00.585-04:002012-06-11T06:00:00.585-04:00So Berkshire have now sold their bonds, anyone any...So Berkshire have now sold their bonds, anyone any idea of what they got for them?Alternative Investorhttp://www.dgcassetmanagement.com/alternative-investmentnoreply@blogger.comtag:blogger.com,1999:blog-6321089372587128676.post-22648924190100955792012-06-08T15:51:01.718-04:002012-06-08T15:51:01.718-04:00Let's assume that an examiner is indeed appoin...Let's assume that an examiner is indeed appointed in this case. What are the ramifications for Ally?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6321089372587128676.post-30106659539010560572012-06-08T01:05:28.884-04:002012-06-08T01:05:28.884-04:00Berkshire sold its unsecured bonds as of today.Berkshire sold its unsecured bonds as of today.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6321089372587128676.post-89407663101299062952012-06-07T14:56:28.430-04:002012-06-07T14:56:28.430-04:00Hunter,
I'd be curious if you had any thought...Hunter,<br /><br />I'd be curious if you had any thoughts on Berkshire's stake in Lee Enterprises. The media is reporting this as a straight stock purchase but from the disclosures it seems to me Berkshire acquired its stake during the bankruptcy process as the Company gave its second lien term lenders additional stock as an equity kicker. <br /><br />Maybe he's been buying additional shares since, but Lee seems like an interesting company -- not only because Buffett is involved -- but since it just came out of a prepackaged bankruptcy where they seemed to make very few changes to their existing debt other than to extend maturities and consolidate some of it and they did not even wipe out all of the existing equityholders. <br /><br />With Buffett involved the focus is on the equity, but I've been looking at the second lien debt which yields double digits right now.Anonymousnoreply@blogger.com