Hindenburg is now shorting IEP bonds. Carl Icahn owns 85% of the stock and is using 65% as collateral for his margin loans.

by chrislink73 Source: https://www.reuters.com/business/finance/hindenburg-says-icahn-enterprises-failed-address-concerns-shorts-its-bonds-2023-05-11/ ​ What are Carl’s options to fight this? With the Feds investigating IEP and shorts continuing to pile on, he will need to do more to directly address the concerns of shareholders and right the ship. Carl’s …

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‘The resulting erosion of collateral will collapse the global credit bubble, a repricing/reset that will bankrupt the global economy and financial system.’

CHARLES HUGH SMITH: Global Bankruptcy Already Baked In Scrape away the complexity and every economic crisis and crash boils down to the precarious asymmetry between collateral and the debt secured by that collateral collapsing. It’s really that simple. In eras of easy credit, both creditworthy …

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How BlackRock and Goldman Sachs use the Housing Market as Collateral to Short Stocks to Bankruptcy!! And Make Sure ‘We own nothing and be Happy’

https://youtu.be/l4KXOJAXmpg Back again with another conspiracy short story for the weekend!!This time I’m focused on the never ending booming housing market and thr financial institutions buying up real estate, securitizing it into CDOs and holding it as collateral, making Klaus …

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ARCHEGOS CAPITAL USED THE SAME COLLATERAL TO ENTER TRS CONTRACTS WITH UP TO SEVEN BANKS BOOSTING LEVERAGE AS HIGH AS 700% -FINEWS

https://twitter.com/farrisbaba/status/1377342034952904704 It won’t end well. Things that make you go hmm pic.twitter.com/WH1SBf1VVG — Myles Udland (@MylesUdland) March 31, 2021 Margin Debt pic.twitter.com/XmWbgFtW3d — Win Smart, CFA (@WinfieldSmart) March 31, 2021 Spac boom fuels strongest start for global M&A since 1980 …

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PG&E CEO resigning while the company is forced to use cash as collateral for power contracts

by COMPUTER1313   https://www.bloomberg.com/news/articles/2019-01-14/pg-e-ceo-is-said-to-leave-with-utility-at-brink-of-bankruptcy?srnd=premium The San Francisco-based company has begun a search for a new CEO following Williams’ departure, according to a statement issued Sunday. PG&E general counsel John Simon will take the helm in the meantime. Williams, 57, took over as …

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The Fed Frets about “Collateral Stripping,” “Incremental Facilities,” “Cov-Lite,” and “EBITDA Add-Backs” in $1.3-Trillion Leveraged-Loan Boom

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter PE firms are all over this, but investors are still chasing yield. Since the Federal Reserve started warning about the risks of “leveraged loans” in 2014, the amount of US leveraged loans outstanding has surged with …

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Tesla offers Fremont factory as collateral

Tesla’s burning money is a major contributor to global warming. https://www.autoblog.com/2018/05/08/tesla-car-factory-collateral/ NEW YORK — Tesla has changed the terms of its borrowing agreement with banks to allow it to pledge its Fremont auto plant as collateral — a move seen …

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