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

published Dec 7, 2017, 6:32:10 PM, by Adam Haigh (Bloomberg) — The dollar is poised for its biggest weekly gain since September as the U.S. tax reform bill made encouraging progress and ahead of employment data that’s expected to show hiring remains robust in the world’s largest economy. Asian stocks

published May 26th 2017, 8:48 am, by Matt Levine (Bloomberg View) — VIX manipulation We talked on Wednesday about the CBOE Volatility Index, the VIX, which is an index of implied volatility based on S&P 500 Index stock options. The VIX is used as the reference for VIX futures and