While today's biggest event for both markets and politics will be tonight's highly anticipated first presidential debate between Trump and Hillary, markets are waking up to some early turmoil in both Asia and Europe, with declines in banks and energy producers dragging down stock-markets around the world, pushing investors to once again seek the safety of government bonds and the yen.
The most anticipated and least shocking bankruptcy in the history of chemical companies has finally come. Got a $400 million DIP - not bad... those Citi blokes actually did their job. That's a much needed $6 million fee for the Cititanic.
Chemtura Corporation's U.S. Operations File Voluntary Chapter 11 Petitions to Facilitate Financial Restructuring