Your Take

Health Care: Let’s Fix the Real Scandal

August 6, 2009 - Uninsured people suffer incredible price-gouging by the medical industry, and they are routinely charged anywhere from twice as much to 10 or 12 times as much for the same services as people covered by insurance. That is the real scandal in health care, and the one we should fix first...

GM, Chrysler and the Secured Loan Market

June 4, 2009 - That the government officials negotiating the GM reorganization were able to appreciate the significant difference between the security position of GM’s lenders and the security position of Chrysler’s lenders is...

The Olympics: An Inflection Point In Leveraged Finance?

August 7, 2008 - Many of us in leveraged finance will no doubt spend some time this month watching the 24/7 coverage of the Olympics in Beijing, especially as it appears that August may qualify as the slowest month the leveraged finance markets have seen in 18 years...