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Midmarket distressed debt: the neglected middle child
Big firms have piled into large capital structures and banks are pulling out of the middle market, leaving juicy inefficiencies.
By Jason MudrickI used to wonder why I would see professional poker players on television playing in poker games with other professionals. As a card player myself, logic told me that the advantage one pro could have over another pro would be so small as to make the exercise futile.
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