Wednesday, March 9, 2016

Bloomberg: SunEdison Can't Avoid Itself

From Bloomberg, Mar 9, 2016, 3:18:32 PM
A total solar eclipse can be seen in Svalbard, Longyearbyen, Norway, on March 20, 2015. A partial eclipse of varying degrees is visible, depending on weather conditions, across most of Europe, northern Africa, northwest Asia and the Middle East, before finishing its show close to the North Pole. AFP PHOTO / NTB SCANPIX / HAAKON MOSVOLD LARSEN +++ NORWAY OUT (Photo credit should read Haakon Mosvold Larsen/AFP/Getty Images)

It is perhaps beginning to dawn on SunEdison's shareholders that, despite having narrowly avoided a car crash, they're still driving a heap of junk (debt).

To read the entire article, go to http://www.bloomberg.com/gadfly/articles/2016-03-09/sunedison-dodges-vivint-deal-but-problems-remain

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