Bondholders
topic on 2 shows · 2 statements across 2 episodes
the Knowledge Project 
Capital Allocators
2 statements about Bondholders, every show
Ackman: Airline bankruptcies will not stop planes from flying
“Airplanes are not going to stop flying because airlines go bankrupt. What will happen is, you know, the, Owners of the planes, the lessors of the planes, and or the bondholders will end up, you know, controlling airlines.”
Bondholders lose more than pensioners in every US municipal restructuring to date
“And in the seven or eight restructurings that have happened so far at the municipal level, that's exactly what's happened. Every time there's been a pensioner and retiree healthcare write down, the bondholders lost more as a percentage of par.”