This piece from Forbes is one of the best I’ve read in a while. It tells the story of Andy Beal, a Texas banker who foresaw the credit bubble and started raising cash in the years prior to the crash. Now Beal is ramping up operations and is buying up distressed debt. Isn’t capitalism great?
What’s [...]
The Banker Who Got It Right
This piece from Forbes is one of the best I’ve read in a while. It tells the story of Andy Beal, a Texas banker who foresaw the credit bubble and started raising cash in the years prior to the crash. Now Beal is ramping up operations and is buying up distressed debt. Isn’t capitalism great?
What’s [...]