[FREE] Beyond Junk Bonds: Expanding High Yield Markets






 | #2741004 in eBooks |  2003-03-27 |  2003-03-27 | File Name: B005NJS9K6


||0 of 0 people found the following review helpful.| Glenn Yago does an excellent job of touching on all the catalysts of the ...|By Customer|Extremely precise overview and analysis of the growth of the high yield market. If you're looking for a dense read about the ways junk bonds transformed industry and provided capital to ventures that had difficult paths to gaining funding, Glenn Yago does an excellent job of touching on a

Since financial myths exploded in the 1980s, the perspective of time creates a unique opportunity to update and expand the analysis begun in Glenn Yago's 1991 book, Junk Bonds: How High Yield Securities Restructured Corporate America (Oxford University Press). At the time of its publication, Junk Bonds drew controversial responses from the Federal Reserve and government agencies. In retrospect, the evidence clearly casts favorable light on the role o...


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