Credit Intensive Situations

The current edition of Credit Intensive Situations has been issued. Request a copy here.

Morning Outlook, July 1

A few moments ago we sent out a snippet entitled "Beware of headlines bearing gifts." The upshot is about the overnight enthrall that Tsipras has sent a letter agreeing to most of the demands of the creditors which has, in turn, boosted risk at the expense of Treasuries and Bunds.


We think Greece and the Troika pull a deal together, but that Greece will eventually default and likely exit the euro.



CRT Capital Completes Acquisition of Sterne Agee Institutional Equity Business

CRT Capital Group LLC today announced the completion of its previously announced acquisition of the Institutional Equity business of Sterne Agee Group, Inc.

CRT Capital to Acquire the Institutional Equity Business of Sterne Agee

CRT Capital Group LLC today announced an agreement with Sterne Agee Group, Inc. and Stifel Financial Corp. to acquire Sterne Agee's Institutional Equity business

Successful Investor Conference

On September 16th, CRT held its second annual Investor Conference at the Delamar Hotel in Greenwich