Bankruptcy news abound today:
Filing - Charter Communications: majority owner is Paul Allen of Microsoft fame
Filing - Midway Games: famous for Mortal Kombat
Rumor - Sirius XM Satellite Radio considering filing: home of Howard Stern & Oprah
Update - Lyondell CDS/LCDS results from last week: 15.5 cents & 20.75 cents respectively (Lyondell debt is only worth 15.5 cents on the dollar or 20.75 cents on the dollar, depending on the type of borrowing)
There are 2 charts above, please click to expand.
2 comments:
I was a little quick on the draw. Charter has not officially filed yet, but they have released a statement indicating that a filing is imminent.
In addition, it looks increasingly likely that a Trump entity will declare bankruptcy for the 4th time.
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