LEADER 00000cam a2200505 i 4500
001 on1246496027
003 OCoLC
005 20210623105434.0
008 210322t20212021nyua 001 0 eng d
015 GBC151052|2bnb
016 7 020146775|2Uk
020 9781635766776|q(hardcover)
020 163576677X|q(hardcover)
035 (OCoLC)1246496027
040 UKMGB|beng|erda|cUKMGB|dOCLCO|dBDX|dSINLB|dJOZ|dOCLCF|dHQC
|dOQX
049 CKEA
082 04 364.16809793135|223
100 1 Frumes, Max,|eauthor.
245 14 The Caesars Palace coup :|bhow a billionaire brawl over
the famous casino exposed the power and greed of Wall
Street /|cMax Frumes and Sujeet Indap.
250 First Diversion Books edition.
264 1 New York :|bDiversion Books,|c2021.
264 4 |c©2021
300 vi, 342 pages :|billustrations ;|c24 cm
336 text|btxt|2rdacontent
337 unmediated|bn|2rdamedia
338 volume|bnc|2rdacarrier
504 Includes bibliographical references and index.
520 "It was the most brutal corporate restructuring in Wall
Street history. The 2015 bankruptcy brawl for the storied
casino giant, Caesars Entertainment, pitted brilliant and
ruthless private equity legends against the world's most
relentless hedge fund wizards. In the tradition of
Barbarians at the Gate and The Big Short comes the
riveting, multi-dimensional poker game between private
equity firms and distressed debt hedge funds that played
out from the Vegas Strip to Manhattan boardrooms to
Chicago courthouses and even, for a moment, the halls of
the United States Congress. On one side: Apollo Global
Management and TPG Capital. On the other: the likes of
Elliott Management, Oaktree Capital, and Appaloosa
Management. The Caesars bankruptcy put a twist on the old-
fashioned casino heist. Through a $27 billion leveraged
buyout and a dizzying string of financial engineering
transactions, Apollo and TPG--in the midst of the post-
Great Recession slump--had seemingly snatched every prime
asset of the company from creditors, with the notable
exception of Caesars Palace. But Caesars' hedge fund
lenders and bondholders had scooped up the company's paper
for nickels and dimes. And with their own armies of
lawyers and bankers, they were ready to do everything
necessary to take back what they believed was theirs--if
they could just stop their own infighting. These modern
financiers now dominate the scene in Corporate America as
their fight-to-the-death mentality continues to shock
workers, politicians, and broader society--and even each
other. In The Caesars Palace Coup, financial journalists
Max Frumes and Sujeet Indap illuminate the brutal tactics
of distressed debt mavens--vultures, as they are condemned
--in the sale and purchase of even the biggest companies
in the world with billions of dollars hanging in the
balance." --|cProvided by publisher.
610 20 Caesars Palace Las Vegas Hotel and Casino|xCorrupt
practices.
610 20 Caesars Entertainment Corporation|xCorrupt practices.
610 27 Caesars Entertainment Corporation.|2fast
|0(OCoLC)fst01995274
650 0 White collar crimes|zNevada|zLas Vegas.
650 0 Commercial crimes|zNevada|zLas Vegas.
650 0 Private equity.
650 0 Hedge funds.
650 7 Commercial crimes.|2fast|0(OCoLC)fst00869469
650 7 Corruption.|2fast|0(OCoLC)fst01352550
650 7 Hedge funds.|2fast|0(OCoLC)fst00954442
650 7 Private equity.|2fast|0(OCoLC)fst01077481
650 7 White collar crimes.|2fast|0(OCoLC)fst01174622
651 7 Nevada|zLas Vegas.|2fast|0(OCoLC)fst01204935
700 1 Indap, Sujeet,|eauthor.
994 C0|bCKE
Plainville Public Library - Non Fiction
|
338 IND |
Check Shelf |
|