{"product_id":"the-caesars-palace-coup-how-a-billionaire-brawl-over-famous-casino-exposed-power-and-greed-of-wall-street-sujeet-indap-max-frumes-9781635767742","title":"The Caesars Palace Coup by Sujeet Indap \u0026 Max Frumes","description":"\u003cp style=\"margin-bottom: 11px; text-align: center;\"\u003e\u003cspan style=\"font-size: 24px;\"\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: Aptos,sans-serif;\"\u003e\u003cb\u003e\u003cu\u003eThe Caesars Palace Coup\u003c\/u\u003e: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street \u003c\/b\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003cbr\u003e\u003cspan style=\"font-size: 20px;\"\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: Aptos,sans-serif;\"\u003e\u003cb\u003eby Sujeet Indap \u0026amp; Max Frumes\u003c\/b\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"margin-bottom: 11px; text-align: center;\"\u003e\u003cspan style=\"font-size: 18px;\"\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: Aptos,sans-serif;\"\u003eIt was the most brutal corporate restructuring in Wall Street history. \u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"margin-bottom: 11px; text-align: center;\"\u003e\u003cspan style=\"font-size: 18px;\"\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: Aptos,sans-serif;\"\u003e\u003cb\u003eThe 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\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"margin-bottom: 11px; text-align: center;\"\u003e\u003cspan style=\"font-size: 18px;\"\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: Aptos,sans-serif;\"\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. \u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"margin-bottom: 11px; text-align: center;\"\u003e\u003cspan style=\"font-size: 18px;\"\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: Aptos,sans-serif;\"\u003e\u003cu\u003eOn one side\u003c\/u\u003e: relentless financial engineers Marc Rowan, David Sambur, and David Bonderman with their teams at Apollo Global Management and TPG Capital. \u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"margin-bottom: 11px; text-align: center;\"\u003e\u003cspan style=\"font-size: 18px;\"\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: Aptos,sans-serif;\"\u003e\u003cu\u003eOn the other\u003c\/u\u003e: superstar distressed debt investors Dave Miller and Ryan Mollett with their cohorts at the likes of Elliott Management, Oaktree Capital, and Appaloosa Management.\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"margin-bottom: 11px; text-align: center;\"\u003e\u003cspan style=\"font-size: 18px;\"\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: Aptos,sans-serif;\"\u003e\u003cb\u003eThe Caesars bankruptcy put a twist on the old-fashioned casino heist. \u003c\/b\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"margin-bottom: 11px; text-align: center;\"\u003e\u003cspan style=\"font-size: 18px;\"\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: Aptos,sans-serif;\"\u003eThrough 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. \u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"margin-bottom: 11px; text-align: center;\"\u003e\u003cspan style=\"font-size: 18px;\"\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: Aptos,sans-serif;\"\u003e\u003cb\u003eBut Caesars' hedge fund lenders and bondholders had scooped up the company's paper for nickels and dimes. \u003c\/b\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"margin-bottom: 11px; text-align: center;\"\u003e\u003cspan style=\"font-size: 18px;\"\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: Aptos,sans-serif;\"\u003eAnd 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.\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"margin-bottom: 11px; text-align: center;\"\u003e\u003cspan style=\"font-size: 18px;\"\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: Aptos,sans-serif;\"\u003eThese 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.\u003c\/span\u003e\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp style=\"text-align: center;\"\u003e\u003cspan style=\"font-size: 20px;\"\u003e\u003cb\u003e\u003cspan style=\"line-height: 107%;\"\u003e\u003cspan style=\"font-family: 'Aptos',sans-serif;\"\u003eIn \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.\u003c\/span\u003e\u003c\/span\u003e\u003c\/b\u003e\u003c\/span\u003e\u003c\/p\u003e","brand":"Bust-Down Books","offers":[{"title":"Default Title","offer_id":49823150801211,"sku":"1635767741","price":14.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0855\/2077\/7531\/files\/9781635767742.jpg?v=1777295184","url":"https:\/\/bustdownbooks.com\/products\/the-caesars-palace-coup-how-a-billionaire-brawl-over-famous-casino-exposed-power-and-greed-of-wall-street-sujeet-indap-max-frumes-9781635767742","provider":"Bust-Down Books","version":"1.0","type":"link"}