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Slim’s pickings at the New York Times

FT.com Wednesday, 19 October 2016 ()
One theory behind rescue financings is that in a period of sharp dislocation, otherwise sound companies just need a lifeline that traditional sources cannot -- or will not -- provide to ride out the storm. Viable businesses get to survive a financial crisis while rescue lenders get to reap big rewards from going where others fear to tread. The trick is figuring out whether saviours are targeting companies with reasonable survival prospects, or simply throwing good money after bad.

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News video: Trump Targets Mexican Billionaire Carlos Slim

Trump Targets Mexican Billionaire Carlos Slim 00:46

Attempting to account for the sexual assault allegations that have been surfacing this week, Donald Trump is striking back against Mexican billionaire Carlos Slim. Slim, who has an investment portfolio that includes stake in the New York Times, has made large contributions to the Clinton Foundation....

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