Within three years, we will have more than enough distress to overwhelm the sizable resources
of vulture investors.
Not exact matches
Some
of these «
vulture»
investors made a killing because they had balance sheets that could support holding non-liquid investments for long periods
of time.
That fateful summer forever changed
investors» perception
of banks and while before they were seen as institutions able to facilitate liquidity for businesses and individuals, now they were seen as greedy
vultures ready to use taxpayer moneys in order to be rescued.
Andy Stone, chairman
of Petra, a «
vulture investor» whom Crain's calls «one
of the godfathers
of the commercial mortgage - backed securities market,» suffered massive failures in 2010 when his funds went bankrupt.
Vulture investors have a lot
of capital to deploy.
This instability is actually a plus for the system, because each period
of failure creates the seeds for the next round
of success, as
vulture investors pick over the assets
of failed firms and redeploy them to longer lasting practical uses.
I think the hiring
of Ibanker is nothing more than a ploy to placate
investors (most
of who I suspect are
vulture investors like your's truly).
Vulture investors like Mr. Smith often buy up the debt
of weak companies for pennies on the dollar, hoping to turn a profit when the companies go through bankruptcy or restructure their businesses.
And there's good reason that Savanna might have expected a long battle, not the least
of which is the fact that private equity
investors are still viewed with some skepticism as
vulture investors.