{"product_id":"the-caesars-palace-coup-how-a-billionaire-brawl-over-the-famous-casino-exposed-the-power-and-greed-of-wall-street-9781635767742","title":"The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street","description":"\u003cb\u003eIt was the most brutal corporate restructuring in Wall Street history. The 2015 bankruptcy brawl for the storied casino giant, Caesars Entertainment, pitted brilliant and ruthless private equity legends against the world's most relentless hedge fund wizards. \u003c\/b\u003e \u003cp\u003e\u003c\/p\u003eIn the tradition of \u003ci\u003eBarbarians at the Gate\u003c\/i\u003e and \u003ci\u003eThe Big Short\u003c\/i\u003e comes the riveting, multi-dimensional poker game between private equity firms and distressed debt hedge funds that played out from the Vegas Strip to Manhattan boardrooms to Chicago courthouses and even, for a moment, the halls of the United States Congress. On one side: relentless financial engineers Marc Rowan, David Sambur, and David Bonderman with their teams at Apollo Global Management and TPG Capital. On the other: superstar distressed debt investors Dave Miller and Ryan Mollett with their cohorts at the likes of Elliott Management, Oaktree Capital, and Appaloosa Management. \u003cp\u003e\u003c\/p\u003e The Caesars bankruptcy put a twist on the old-fashioned casino heist. Through a $27 billion leveraged buyout and a dizzying string of financial engineering transactions, Apollo and TPG--in the midst of the post-Great Recession slump--had seemingly snatched every prime asset of the company from creditors, with the notable exception of Caesars Palace. But Caesars' hedge fund lenders and bondholders had scooped up the company's paper for nickels and dimes. And with their own armies of lawyers and bankers, they were ready to do everything necessary to take back what they believed was theirs--if they could just stop their own infighting. \u003cp\u003e\u003c\/p\u003e These modern financiers now dominate the scene in Corporate America as their fight-to-the-death mentality continues to shock workers, politicians, and broader society--and even each other. \u003cp\u003e\u003c\/p\u003e In \u003ci\u003eThe Caesars Palace Coup\u003c\/i\u003e, financial journalists Max Frumes and Sujeet Indap illuminate the brutal tactics of distressed debt mavens--vultures, as they are condemned--in the sale and purchase of even the biggest companies in the world with billions of dollars hanging in the balance.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=AUTH-13270756\"\u003eSujeet Indap\u003c\/a\u003e,\u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=AUTH-15265844\"\u003eMax Frumes\u003c\/a\u003e\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Diversion Books\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 08\/09\/2022\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 352\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.95lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.90h x 6.00w x 1.10d\u003cbr\u003e\u003cb\u003eISBN13:\u003c\/b\u003e 9781635767742\u003cbr\u003e\u003cb\u003eISBN10:\u003c\/b\u003e 1635767741\u003cbr\u003e\u003cb\u003eBISAC Categories:\u003c\/b\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS077000\"\u003eCorporate \u0026amp; Business History | General\u003c\/a\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-TRU\"\u003eTrue Crime\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-TRU004000\"\u003eCon Artists, Hoaxes \u0026amp; Deceptions\u003c\/a\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-BUS\"\u003eBusiness \u0026amp; Economics\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-BUS015000\"\u003eMergers \u0026amp; Acquisitions\u003c\/a\u003e\u003cbr\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cb\u003eSujeet Indap\u003c\/b\u003e is the U.S. editor of the Lex Column at the \u003ci\u003eFinancial Times\u003c\/i\u003e, where he contributes stories across the paper. He has written extensively on the intersection of corporate finance and corporate law. Indap was previously an investment banker before he joined the \u003ci\u003eFinancial Times\u003c\/i\u003e in 2013. He is a graduate of Pomona College and the Wharton School at the University of Pennsylvania. Indap lives in Manhattan, NY, with his wife. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eMax Frumes leads a news team at Fitch Solutions covering corporate debt and restructuring. He previously was the founding editor of a leading publication covering corporate bankruptcy, and before that reported for S\u0026amp;P's Leveraged Commentary \u0026amp; Data and \u003ci\u003eThe Deal.\u003c\/i\u003e Frumes received his undergraduate degree from the University of California, Berkeley, and an MSJ from Northwestern's Medill School of Journalism. He lives in Brooklyn with his wife and daughter.","brand":"Diversion Books","offers":[{"title":"Default Title","offer_id":48740633510125,"sku":"9781635767742","price":19.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0550\/8097\/6621\/files\/img_db0ed131-92ce-4d47-b3f7-0c5cb667b72d.jpg?v=1758203704","url":"https:\/\/sureshotbooks.com\/products\/the-caesars-palace-coup-how-a-billionaire-brawl-over-the-famous-casino-exposed-the-power-and-greed-of-wall-street-9781635767742","provider":"SureShot Books Publishing LLC","version":"1.0","type":"link"}