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Paper Excerpts: ... in junk bonds. While junk bonds made Milken enormously wealthy, he earned a reported $550 million in 1987 alone, it are five important characteristics of LBOs including 1) less equity more debt 2) the bonds are known as junk bond these bonds are typically rated below investment-grade, and are properly referred to as high-yield or junk bonds." There bonds, everyday grandmothers and grandfathers parked their life savings in bonds. While "junk bonds" where not a good higher at around Caa2, which is still considered a `junk' bond. The 20-year A-rated corporate bonds are fetching 5.99 ...
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Sources list for JUNK BONDS PAPER: Junk bonds 2002. (2002). Yahoo! Financial Glossary. Accessed April 13, 2002. [Online]. Available: http://biz.yahoo.com/f/g/ll.html.Junk Bonds and Leveraged Buyouts Junk bonds. (2002). Encyclopedia Britannica [premium online edition]. Junk Bonds and Leveraged Buyouts Junk bonds: High yields, high risk. (2002). Investorama.com. Accessed April 13, 2002. [Online]. Available: http://bonds.yahoo.com/ir_bd6.html. Junk Bonds and Leveraged Buyouts Faerber E., 2000. All about Bonds and Bond Mutual Funds. United States of America, Mc-Grawhill. Bonds and Shares Richelson H. and Richelson S., 1996. Straight talk about bonds and bond funds. A guide to the most popular & most misunderstood investment. United states of America, MC-Grawhill. Bonds and Shares More sources on "JUNK BONDS PAPER"
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