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MARKOPOLISon May 02, 2023 3:34pm
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Post# 35425866
WELCH BROTHERS WORKED IN DISTRESSED DEBT IN 90S
WELCH BROTHERS WORKED IN DISTRESSED DEBT IN 90SNOW THEY WUILL SOON HAVE VULTURES ON THEIR OWN DISTRESSED DEBT
They both got jobs at a joint venture being led by John Grayken, chairman of Lone Star Funds, as it was acquiring and resolving nearly 1,300 bad bank assets that were impaired from the U.S. savings and loan crisis of the early 1990s.