You gotta have leverage - So bankers say as they push junk bonds, bridge loans and HLTs. Excessive '80s redux? Not exactly. The opportunities, and risks, are quite different.
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Institutional investor. - New York, NY : Institutional Investor Inc., ISSN 0192-5660, ZDB-ID 3955412. - Vol. 22.1997, 2, p. 134-142
WALL STREET - Mondo Bondo - During the last recession, when stock prices were low and bargains were plentiful, Texas Pacific's David Bonderman rode high. But now the LBO investor is buying at the top of the cycle. Is he headed for a fall?
Atlas, Riva, (1999)
FEATURES - COVER STORY - What went wrong - Before the Long-Term Capital scare, Wall Street and hedge funds enjoyed a lucrative symbiosis that blinded each to the other's flaws and to the dangers they were courting
Clow, Robert, (1998)
FEATURES - CORPORATE FINANCE - Déjà junk - Defaults on high-yield bonds remain near record lows, but these securities are trading at levels not seen since the early-1990s' near-death experience. Here's why
Atlas, Riva, (1998)
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