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Posted (edited)

This was an enjoyable read for what can be a pretty dry subject, detailed overview of a contested bankruptcy process mostly from the perspective of distressed creditors to a PE backed LBO.  It's been the rare recent business book where the authors both understood the situation well and were presenting it without a particular agenda which was refreshing.

Edited by pricingpower
Posted

I agree.  I listened to the audiobook version, which I recommend.  The authors do a terrific job teaching and contextualizing contemporary history.  I'd put it up with Barbarians at the Gate, in the pantheon of fantastic storytelling wrapped meeting an important subject. 

  • 2 weeks later...
Posted

finished this up today, story is really good (granted I was a related party to Hamlet Holdings, so knew a little bit of what was going on) but it's really tough to keep up with who all the various characters are, reminded me of barbarians at the gate for this era.

  • 1 month later...
Posted

I read it but thought it pretty meh. Too much detail, got mind numbing after a while. Barbarians at the Gate had far more interesting characters, or at least went into better detail on the participants so you knew and cared about them more.

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