published Jan 18, 2018 8:39:36 AM, by Matt Levine (Bloomberg View) – Hovnanian. We have talked a few times recently about Hovnanian Enterprises Inc., which got favorable financing from Blackstone Group’s GSO Capital Partners through some credit-default-swap market machinations. GSO had bought CDS protection that would pay off if Hovnanian defaulted. Hovnanian will refinance its
We live in a world that focuses on “Success”, but we stay away from what “Challenges” each of us. This common thread carries into relationships. Marriage….dating…..friendships all focus on the good stuff and not the challenges that reality brings. The “Test” of any relationship is the ability to pile through