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Write-Offs: 04.23.12

$$$ Half of new graduates are jobless or underemployed [AP] $$$ Great Wolf Shows Shortcomings of Banker Valuation Opinions [Dealpolitik] $$$ What is sillier: measuring derivatives exposure by gross notional, or measuring dollar amounts by how high they would stack? [Demonocracy via TBP] $$$ “‘Wobbit’ is the first parody of a Tolkien book to use… Continue reading » Follow Dealbreaker on Twitter or become a fan on Facebook.
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53% Of New College Graduates Are Getting A Rude Awakening

Business & Finance : Business Insider: Clusterstock (2 years ago)

The USA Today reports graduating class of 2012 is in for a rude awakening as Half of new graduates are jobless or underemployed. About 1.5 million, or 53.6%, of bachelor's degree-holders under the age of 25 last year were jobless or... Read Post

Derivative Scaremongers Still Missing The Point

Business & Finance : Business Insider: Clusterstock (5 years ago)

Felix Salmon responded to our post yesterday, It's Time To Stop Being Scared By Derivatives' Trillion Dollar Notional Values, yet failed to address the main point: For most derivatives the notional amount does not represent the amou... Read Post

Dealpolitik: Great Wolf Shows Shortcomings of Banker Valuation Opinions

Business & Finance : Deal Journal - WSJ.com (2 years ago)

Just a little over a month ago Great Wolf signed up a deal to sell itself in a leveraged buyout to an affiliate of Apollo for $5 in cash per share. KSL, in an unusual move for a private-equity firm, challenged Apollo?s deal and bega... Read Post


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