peHUB Second Opinion 5.15

Clear Channel Bankruptcy? NY Post reports that the company is in early stage discussions with lenders about a pre-pack Chapter 11. (NY Post)

Comeback? The last two weeks of equity issuance have been on par with the past four months. (Thomson Reuters)

Carlyle in MENA: The firm is close to closing a Middle Eastern deal this year. (WSJ)

Yikes: Sullivan & Cromwell is realllly cutting back on its summer program. (Above the Law)

New Media Star: A Twitterer has gotten a book deal. (WSJ)

DOOM! Marc Faber says capitalism will fail like communism. (Business Insider)

Hey Guys: Boxers or Briefs? Psh, there are so many more choices these days. (WSJ)

Speaking of Boxers: A U.S. soldier became famous this week after he was photographed going into battle wearing full army gear on top and nothing but pink “I Love NY” boxers on the bottom. (Telegraph)

Doesn’t Anyone Take Responsibility For Themselves? First case of commercial predator lenders. (Business Insider)