NOTHING NEW UNDER THE SUN

Ladies and gentlemen, welcome to, Grant's interest rate observer of the air. I am, Jim Grant, and with me as always is, the great deputy editor of Grant Civil Lorenz. And, Henry French, as per usual, is at the, control panel. He's our sound engineer. And, we have a guest today. He is, James h m Scraegan, a world renowned bankruptcy lawyer, vice chairman now of Hilco Global, and having spent more than three decades, in bankruptcy and restructuring practice at Kirkland and Ellis where he and D founded their global restructuring department and led such high profile bankruptcy proceedings as those involving, UAL Corp and Caesars Entertainment Operating Co, Inc. But I say, Jamie, that I have just two other things to add to your CV. One is that you were a featured speaker at our spring, restructuring or, distressed investing event. We had that a couple weeks ago. And second, ladies and gentlemen, is that Jamie's Greg Regan starts the day with, with push ups. Not 100, not 200. No. Not 300, not 400, not 500. 600 push ups. That's one hand, is it not Jamie? Two hands. Two legs. Two hands. Two hands. Yeah. Okay. Okay. Well, I just wanted to get that out there because, we've had guests that, you know, that, due to all sorts of singular, striking things for music, but I think that Evan, do you recall anyone who did push ups for as a as a as a form of advocation? You know, it's a it's like a hobby. The the people who make it through the, the podcast office, they seem to be a little more on the intellectual side rather than the, I always say restructures are contact sports. You need to be, I would say that in a person and and mine, Jamie Swarigan, we have both the, physical and the cerebral. So, Evan, I I'm I'm calling in, by the way, Lisa. I am calling in. I'm working from home, a distant home. The truth be told, I am recovering from a, a hip replacement operation. But still, Evan, we closed initial grants last night, and I must say I must say it was an outstanding issue. And I I invite you, as, an employee of this organization to remind me, because nobody's getting any younger, remind me how great it was. Fantastic. Best ever. Bigly. Oh, no. And and in what respect does re do you recall it being, excellent is indeed unique? Tom. I actually thought it was a classic grants issue. It it starts off with a front page piece that takes into account what's happening in the markets, including The USA losing its last triple a rating, what it means for money and credit. It goes on to a in-depth, look at two different, stocks that appear to be value laden. It looks at opportunities in the bond market. It also comments on what's happening in the overall market and the contradictions they're in. …