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OpinionMatt LevineDistressed-Debt Deal Makes People MadAlso more Elon Musk Week, Toucan, El Salvador and Money Stuff stats.ByMatt Levine+FollowApril 7, 2022, 5:35 PM UTCProgramming note: Money Stuff will be off tomorrow, back on Monday. Unless Elon Musk does something weird I guess.Here’s a schematic description of how modern distressed-debt investing works :
