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System Shock: America's Next Crypto Capital Through dozens of new laws, Wyoming hopes to become America's blockchain headquarters, attracting businesses from across the crypto sector. Whether they show up though is yet to be determined.
Subscriber OnlyMarketsCLOs Fight Back Against Hedge Fund Efforts to Siphon ValueHedge funds are exploiting CLO limits in distressed situationsBrigade amends old deals to gain restructuring flexibilityCLOs Fight Back Against Hedge FundsByLisa Lee and Sarah Husband+FollowSeptember 25, 2020, 10:00 AM UTCUpdated onSeptember 25, 2020, 2:56 PM UTCCollateralized loan obligations are the biggest investors in the $1.2 trillion leveraged loan market, yet for months they’ve been bullied by hedge funds and other money managers exploiting a glaring weakness in their structures.Now, they’re fighting back.
