White Mountains
2 statements across 2 episodes · 1 bullish · 1 bearish · 2 people on the record · first statement Feb 25, 2019 by Matt Botein · said 1 times in 1 episodes since 2024 · across every show →
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brought up most by David Salem (1)
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2024 1 mention in 1 episode
Everything said about White Mountains, oldest first
Feb 25, 2019 positive
Gallatin Point provided a $210M convertible preferred backstop for SPAC merger
“We ended up writing a variable-sized convertible preferred with warrant coverage, and so we were willing to put in up, and we brought in partners up to Two hundred and ten million dollars, but the company could reduce that amount to the extent that the SPAC mo…”
Mar 4, 2019 negative
Russo: Olympus Re collapsed after Hurricane Katrina from concentrated regional risk
“I remember after Katrina, where they survived with barely a nick relative to the kind of crushing consequences that even Jack Byrne suffered with White Mountains, and then they had something called Olympusry. And it was blown up. They aggregated too much risk …”