First Marblehead Corporation

First Marblehead Corporation was a speciality finance company that specialized in providing private lending solutions to students in the United States. The company was founded and lead by Dan Meyers in 1991. After going private in August 2016, First Marblehead Corporation changed their name to Cognition Financial Corporation in May 2017. FMD writeup on SumZero A … Continue reading First Marblehead Corporation

The Curious Case of Sears Holdings

The Case For Sears Holdings (SHLD) - Baker Street Capital (September 2013)  Baker Street’s property-by-property real estate appraisal found that at least $7.3bn of value lies at the top 350 owned and 50 leased locations (p. 4)  Real estate value is starting to be actively unlocked (p. 9)  According to REITs and mall owners, demand … Continue reading The Curious Case of Sears Holdings