The Big Picture

AUGUST 8, 2022

And so, therefore, the usual market forces that push against high leverage in other companies that just naturally with no regulation would limit. Any kind, collateral, non-collateral. They don’t have collateral. RITHOLTZ: Just for that one small leverage. RITHOLTZ: To the depositors. ADMATI: To the depositors.

Banks 81

Banks Debt Financing Finance 81

The Big Picture

JANUARY 24, 2023

But you finish in four years instead of five, and you write a special thesis, a JD/MBA thesis that has law and business. And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school. KLINSKY: In 1979, it was the first leveraged buyout of a public company. RITHOLTZ: Right.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

The Big Picture

OCTOBER 3, 2023

It’s, it’s no different But, but inherently in futures, a whole lot more leverage, a whole lot more risk. Partnerships, law firms, accounting firms go down the list. Well, [ Gary Cohn ] 00:09:10 Unless you, unless you sell a naked call, oh, 00:09:12 Okay, fair enough. It’s a win for everyone.

Taxes 112

Taxes Banks Capital Debt 112

The Big Picture

DECEMBER 24, 2024

And beyond that, you know, my book gets into how they have this pattern of lying, cheating, copying their way to the top and using their leverage in all these different industries to crush competition. Listen, if a few kids have to die in order for our profit margin to expand, that’s just a little collateral damage. Toughen up.

Taxes 52

Taxes Startups Companies Mergers and Acquisitions 52