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In this book, the author offers the first systematic examination of the facts about high yield securities, providing hard evidence that demystifies junk bonds and explodes many of the popular myths that surround them.

Produktbeschreibung
In this book, the author offers the first systematic examination of the facts about high yield securities, providing hard evidence that demystifies junk bonds and explodes many of the popular myths that surround them.
Autorenporträt
Glenn Yago is Director of the Economic Research Bureau and Associate Professor of Management at the State University of New York at Stony Brook. He has testified before federal and state committees and his articles have appeared in The New York Times, The Wall Street Journal, and many other publications. He is also a director and principal in both a start-up and a turnaround company.