The Distressed Debt Report - November 13, 2007

A new study by private researcher Oxford Metrica for the Bank of New York Mellon paints a bright long-term future for those hedge funds that today pursue distressed-asset and special-opportunity strategies. Full Story

Little Clarity on How New Players Will React to Downturn

Today's most dominant lenders – hedge funds, collateralized loan obligations and providers of unitranche loans – generally weren't around through previous cycles of the debt market. Full Story

Strategy Raises Questions of Conflict of Interest

Goldman Sachs' asset-management arm is taking actions in some current bankruptcy cases that could rub out some large claims by subordinate bondholders, some of whom may be the big investment bank's own clients. Full Story

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