Debt Protection

Demons On Wall Street (Washington Post)

One year ago, with spectacular timing, a Wall Streeter named Richard Bookstaber published a book on financial engineering. He called it A Demon of Our Own Design, and his argument was that a new breed of quants or quantitative numbercrunchers like him had created a system too complex to be manageable. The risks embedded in swaps and options were understood by only a handful of math ... Read more

Lone Star operator eyes liquidation (BizJournals)

The operator of Lone Star Park in Grand Prairie says it might have to liquidate its assets to raise funds to protect itself from creditors. (MECA) (MGA) (MIM) Read more