The Caesars Palace Coup

这不像一本寻常的金融史读物，而是一场让人看得津津有味的“城里人真会玩”。它最耐人寻味的地方，在于把一场破产重组拆解成资本结构里每一层投资者的博弈：股权人与无担保债权人在法庭上各为其利、互相角力，读起来前半段是华尔街互殴，后半段是法官与律师互虐。作者以记者的笔法，把凯撒娱乐从拉斯维加斯赌场到曼哈顿会议室、再到芝加哥法庭乃至国会走廊的拉锯如实铺陈，细节扎实，却也因层级繁复而显得繁琐，有读者建议边看边画交易架构图。它适合对私募股权、不良资产与Chapter 11规则真正感兴趣的人；若只想要爽快的消遣，后半程的拖沓或许会让你失望。

About the Author Sujeet Indap is the U.S. editor of the Lex Column at the Financial Times, where he contributes stories across the paper. He has written extensively on the intersection of corporate finance and corporate law. Indap was previously an investment banker before he joined the Financial Times in 2013. He is a graduate of Pomona College and the Wharton School at the University of Pennsylvania. Indap lives in Manhattan, NY, with his wife. Max Frumes leads a news team at Fitch Solutions covering corporate debt and restructuring. He previously was the founding editor of a leading publication covering corporate bankruptcy, and before that reported for S&P’s Leveraged Commentary & Data and The Deal. Frumes received his undergraduate degree from the University of California, Berkeley, and an MSJ from Northwestern’s Medill School of Journalism. He lives in Brooklyn with his wife and daughter.