• High-yield debt (redirect from Junk bond)
    In finance, a high-yield bond (non-investment-grade bond, speculative-grade bond, or junk bond) is a bond that is rated below investment grade by credit...
    18 KB (2,058 words) - 15:16, 28 September 2024
  • Thumbnail for Michael Milken
    Milken asked to move the junk bond trading operation from New York to the Century City section of Los Angeles. "Junk bond king Michael Milken looms large...
    50 KB (4,793 words) - 01:08, 12 October 2024
  • Thumbnail for Ira Rennert
    Thieves about the junk bond scandal). As an outside board member, Rennert was not dragged down by the collapse and began to raise junk bonds on his own...
    32 KB (3,630 words) - 03:09, 13 September 2024
  • album) Junk: Record of the Last Hero, a shōnen manga series by Kia Asamiya Junk: The Golden Age of Debt, a play by Ayad Akhtar Junk bond Junk status,...
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  • issuance of high yield "junk" bonds to finance mergers and acquisitions. (Forstmann referred to junk bonds as "wampum".) When the junk bond market later fell...
    16 KB (1,420 words) - 21:45, 15 July 2024
  • can be achieved by buying junk bonds and selling treasuries, unless the junk bond defaults. This is when a trader notices a difference in the price of a...
    7 KB (890 words) - 11:37, 25 March 2024
  • repay the bond. Bond funds specializing in junk bonds – also known as "below investment-grade bonds" – pay higher dividends than other bond funds, with...
    7 KB (888 words) - 23:35, 29 July 2024
  • (Honky Bach)", "Stupidity Tries", "Pretty Mary K") Pete Thomas – drums ("Junk Bond Trader", "Wouldn't Mama Be Proud?", "Can't Make a Sound") Joey Waronker...
    25 KB (2,093 words) - 02:33, 15 August 2024
  • The Junk Bond Observatory (JBO; code: 701) is located in the Sonoran Desert at Sierra Vista, Arizona, United States. It was established by amateur astronomer...
    9 KB (411 words) - 20:57, 14 August 2022
  • Thumbnail for Drexel Burnham Lambert
    Drexel Burnham Lambert (category Junk bonds)
    bankruptcy in 1990 due to its involvement in illegal activities in the junk bond market, driven by senior executive Michael Milken. At its height, it was...
    35 KB (4,487 words) - 08:26, 28 September 2024
  • Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders, by Wall Street Journal writer Connie Bruck, largely recounts...
    5 KB (475 words) - 05:31, 24 May 2023
  • Thumbnail for Fair Field
    January 5, 2018. Crowe, Portia (March 9, 2015). "11 crazy facts about junk bond billionaire Ira Rennert's $248 million Hamptons mansion". Business Insider...
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  • Predators' Ball: The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders. Simon and Schuster. ISBN 9781982144265 – via Google Books. "Wall...
    33 KB (2,540 words) - 17:29, 16 September 2024
  • Thumbnail for Appaloosa Management
    in Chatham, New Jersey. Throughout the 1990s, the firm was known as a junk bond investment boutique, and through the 2000s it was known as a hedge fund...
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  • shares held by the public and the company was taken private. In 1989, the junk bond market collapsed, leaving First Boston unable to redeem hundreds of millions...
    14 KB (1,593 words) - 11:02, 1 October 2024
  • scholars is, for Paglia, symptomatic of an era iconically represented by junk bond traders on Wall Street, concerned not with creating a quality product...
    17 KB (2,360 words) - 17:13, 5 October 2024
  • Thumbnail for Ig Nobel Prize
    Among the first winners are Vice President Dan Quayle and imprisoned junk-bond king Michael Milken". Los Angeles Times. October 5, 1991. Retrieved December...
    16 KB (1,757 words) - 23:33, 2 October 2024
  • they expanded into other fields, such as high yield fixed income, or "junk bond" securities. A major factor in DLJ's underwriting and trading success...
    10 KB (982 words) - 06:36, 26 August 2024
  • him with insider trading and securities fraud. He formerly worked as a junk bond salesman at Drexel Burnham Lambert, and ultimately testified against his...
    34 KB (3,229 words) - 23:58, 12 September 2024
  • Thumbnail for Oaktree Capital Management
    Oaktree Capital Group, LLC". ir.oaktreecapital.com. "Oaktree Takes Root: Junk Bond Pros Base New Firm on Old Ideas". Los Angeles Times. July 10, 1995. "Oaktree:...
    31 KB (2,649 words) - 20:20, 11 October 2024
  • Thumbnail for Kimba Wood
    has presided over many high-profile cases involving such figures as "Junk Bond King" Michael Milken, Republican majority leader of the New York State...
    20 KB (1,791 words) - 22:48, 13 August 2024
  • Michael Milken and the others in the junk bond field to the extent that his financial institutions invested in the junk bonds of the others. He and others...
    12 KB (1,199 words) - 00:27, 16 August 2024
  • from a statement by Forstmann, in which he called Kravis' money "phoney junk bond crap" and declares him and his cousin as "real people with real money...
    6 KB (579 words) - 13:21, 12 July 2024
  • Thumbnail for Savings and loan crisis
    Charles Keating, who paid $51 million financed through Michael Milken's "junk bond" operation, for his Lincoln Savings and Loan Association which at the...
    54 KB (6,911 words) - 06:18, 14 August 2024
  • homeopathy). Economics – Michael Milken, titan of Wall Street and father of the junk bond, to whom the world is indebted. Education – Dan Quayle, "consumer of time...
    207 KB (23,901 words) - 04:07, 12 October 2024
  • Italian swap spread Fixed income volatility On-the-run/off-the-run spread Junk bond arbitrage Short equity volatility Risk arbitrage Equity relative value...
    47 KB (5,612 words) - 02:24, 28 September 2024
  • Thumbnail for History of private equity and venture capital
    Lambert, the foremost underwriter of junk bonds (discussed above). The dramatic increase in default rates among junk bond issuing companies. The historical...
    126 KB (15,622 words) - 16:16, 9 August 2024
  • individual who Gekko was modeled on", but that "Gekko was partly Milken", the "Junk Bond King" of the 1980s. According to Weiser, Gekko's style of speaking was...
    16 KB (1,491 words) - 20:40, 5 October 2024
  • Thumbnail for AdventHealth North Pinellas
    debt and owed over $31 million, due to this Standard & Poor's gave it a "junk bond level". AdventHealth North Pinellas has been evacuated three times due...
    59 KB (6,011 words) - 17:10, 11 October 2024
  • undervalued grocery stores. He made at least one deal with the assistance of junk bond financier Michael Milken. Burkle was promoted to store manager at Stater...
    54 KB (4,946 words) - 20:39, 5 October 2024