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The First Junk Bond: A Story of Corporate Boom and Bust

The First Junk Bond: A Story of Corporate Boom and Bust

by Harlan D. Platt

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Platt (finance, Northeastern U.) chronicles the growth, decline, and restructuring of oil and gas company Texas International Inc. in the 1980s and the criminal involvement of Drexel Lambert investment house banker, Michael Milken. To draw lessons from this case, the author interviews a fund manager and a stockholder and applies a bankruptcy prediction model in his analysis. Appendices supply industry basics and data. The book was originally published by M.E. Sharpe in 1994. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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Beard Books, Incorporated
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Product dimensions:
5.58(w) x 8.60(h) x 0.65(d)

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