Hedge funds and private equity funds acting in a predatory or incompetent manner?
Happens all the time - and it's hard to tell how much debt the company's really in, given the amount claimed by the hedge funds could be way more than the same funds paid for the debts. Lenders have probably done the maths and figured they could sell the assets at fire sale prices for a profit while ditching any pay or pension obligations.
Happens all the time - and it's hard to tell how much debt the company's really in, given the amount claimed by the hedge funds could be way more than the same funds paid for the debts. Lenders have probably done the maths and figured they could sell the assets at fire sale prices for a profit while ditching any pay or pension obligations.


