Bernard Madoff pulled off the greatest Ponzi scheme ever, robbing thousands of Americans blind. As he struggled to keep all the balls in the air for as long as possible Bernie created a mess that is taking months and thousands of hours of work to unwind. But it has to be done. It’s the only [...]
Another article discussing the Charter bankruptcy reorganization. Originally discussed in this post. “There will be several changes. First, Charter’s debt will drop by about $8 billion; it still will have $13 billion to pay off. Microsoft Corp. co-founder Paul Allen’s majority holdings in the company will fall to a 2 percent stake, although he will [...]
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