Twinkie – An American Cake: Sweet For Some, Bitter For Others

Twinkie

A group of hedge funds swooped in to “rescue” a struggling corporation—Hostess Brands—positioning it to enter bankruptcy for the second time in as many years. Will the beloved  Twinkie survive? Silver Point Capital, L.P. is a privately-owned hedge fund sponsor based in Greenwich, CT.  Their specialties include investing in securities of distressed, large-cap, and mid-cap companies. It was founded in 2002 by two former Goldman Sachs … [Read more...]