The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 11 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Lewinsohn: Software accounts for 30% of direct lending portfolios
“You do have 30% of direct lending in the software space.”
Lewinsohn: Fed actions created the first syndicated rescue market in 2020
“Instead you had the first ever syndicated rescue market where thanks to the fed banks brought rescue deals for companies to sell to mutual funds and hedge funds.”
Lewinsohn: Leveraged loan quality dropped as high yield quality improved
“As high yield has become higher quality, levered loan market is often lower quality.”
Lewinsohn: RSA, Ivanti, McAfee, and Barracuda face syndicated loan distress
“RSA, Avanti, McAfee, Barracuda, they'll have their own issues going through LME.”
Lewinsohn: Hertz's post-bankruptcy crisis stemmed from Tesla residual value collapse
“Hertz had a problem coming out of their restructuring that they had too many Teslas. It wasn't only that people didn't want to rent Teslas. I think people found Tesla's interesting to rent. They're great cars. The problem was the residual value was much worse …”
Lewinsohn: US consumers and corporates have been historically under-leveraged
“Part of the reason we've been more bullish on the economy than some others over the last few years is the U.S. Consumer and the corporate have been historically under levered.”
Lewinsohn: Creditor cooperative agreements surged in popularity over the last 18 months
“One thing you're seeing is co-ops, which are cooperative agreements between creditors to say, we're not going to do a deal with the company alone, neither should you, have really come into vogue over the last 18 months.”
Lewinsohn: Unemployment among college graduates is currently nearly 9%
“Today, just sitting here with AI, not even really ready for prime time, and you have very high, I think almost nine percent unemployment from college grads.”
Lewinsohn: Fixed wireless drove 150% of US broadband growth last year
“It was a 150% of the growth last year in broadband across the country.”