The Fed Calls it “Collateral Stripping.” These PE Firms Took it to the Next Level and Just Got Away With It by Wolf Richter • Jun 12, 2019 • 56 Comments Neiman Marcus newest disclosures – and what the crazy-hot IPO market has to do with it.
Is This the Next Big Retailer to Melt Down? Its Bonds Crashed by Wolf Richter • May 25, 2018 • 102 Comments It was bought out by a PE firm, saddled with $8 billion in debt, and grapples with its fate.
