Hedging His Bets

December 2011
Forbes Asia;Dec2011, Vol. 7 Issue 14, p52
The article offers information on James Murren, Chairman and chief executive officer (CEO) of MGM Resorts International. It is stated that Murren piled on 13 billion dollars on MGM during a ten-year buying spree. MGM had to pay 11.37% interest on a 475 million dollars debt offering in the depths of the crisis.


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