U.S. senior debt market creaks open

Dateline: New York Five times leverage is back! I can report that senior secured debt loans are coming back to the U.S. market. With relatively low coupons, and what can only be termed as “high” leverage given the past 24 months, this bodes well for the private equity market. The providers of this capital aren’t

 
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Does 7,850 trump 1,600,000?

Does 7,850 trump 1,600,000 milllion? For those of you who analyze numbers for a living, consider this: Toronto Councillor Adam Vaughan received 7,850 votes in the 2006 Toronto municipal election. A handsome number, indeed, and it won him a seat at City Council despite the fact that there are probably 100,000 people in Ward 20

 
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