Greylock bankruptcy The emerging-markets-focused hedge fund Greylock Capital Associates has gone Chapter 11, following three years of losses. It reckons it can still reorganize and "continue as a going concern." Bloomberg
Its the reversion to the mean strategy famously employed by LTCM, but I guess Greenspan isn't around to bail these guys out like he did for Meriwether & his cronies at LTCM.
LTCM failed and the partners ended up with nothing. The bailout was for the broader economy, not LTCM.
In today's covid situation, it is very difficult to keep your business above water. I have my own small bakery and with the start of the quarantine the restrictions hit me hard. I had to reduce the staff, to reduce the price of the products but the problems became more and more. I am very glad that I found out about the existence of bankruptcy law centers like Greylock. in my case bankruptcy lawyer san diego helped me a lot, because he was able to reduce the growth of my debts, found alternative ways to finance and strengthen my private business. My bakery is saved only because of them, I think everyone should follow my example.
Who are these 3 post wonders and what exactly are they trying to accomplish? They appear to be bots, but what's the point of writing a bot to just post random shit on random sites to no end?