What happened today in the news?
Credit Suisse-UBS deal offers hope, but bank doubts persist – does it really, CS’s problems loomed large well before this ‘crisis’, and this was a pure nationalist ‘save’ on the part of UBS
Analysis-What’s behind bitcoin’s latest surge – with all the unknowns in banking this is the better option to the mattress
Peter Kraus’s Performance-Fee Experiment Is Working. Up Next_ New Funds. – yeah, most managers don’t like hurdle rates because they know they will constantly trip over them; tough to keep talent
Traders, funds bullish on oil price despite banking woes – have almost zero doubt oil will be higher but at $140 given where we are in global economy might as well just kick the economy in the groin, would take it to its knees
Wry humour, grief and Bear Grylls all on show at Credit Suisse conference – yes, always best to laugh in the face of death, why not you’re dead anyway
https://www.ft.com/content/d13f80c9-76cd-41cb-a0b3-336c87e4c9c1
$17 Billion Credit Suisse Bond Wipeout to Trigger Bank Litigation – So we cut on the box and started to shout, It was the Credit Swiss Boys rockin’ the huh huh ‘Wipeout’
What happened today in the news?
Today’s Noise – Many things derive their greatness not from their intrinsic nature but from our lowly status.
Today’s News Compiled by KEVIN GAHWYLER
Kevin Gahwyler has over 28 years of experience in the hedge fund industry in various investment and C-Suite roles. Mr. Gahwyler is currently a Managing Director and Head of Business Development at Meteora Capital, LLC. A SPAC specialist that invests in the entire SPAC ecosphere through both closed-end funds as well as a hedge fund. Prior to joining the firm, Mr. Gahwyler was the COO and Director of Business Development of Measure 8 Ventures Management, LLC. In addition, before Measure 8, he was the President/CFO of Navy Capital Management, LLC. And Chief Operating Officer/Director of Business Development of Twin Securities, Inc. Kevin was also the founder of KenCole Capital. An investment bank boutique specializing in hedge fund structures and marketing and served in senior marketing roles at both Pequot Capital and Sagamore Hill.
Lastly, Kevin graduated from Fairfield University with a B.S. in Biological Sciences. And from Thunderbird School of Global Management with a Masters in International Management.
