1. THE RETURN OF THE WALL STREET VULTURE.
- Author
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Thornton, Emily, Palmeri, Christopher, Der Hovanesian, Mara, and Rutledge, Susann
- Subjects
INVESTORS ,INVESTMENTS ,CORPORATIONS - Abstract
Focuses on investors, including Douglas P. Teitelbaum, who are buying companies and their assets at bargain prices on an unprecedented scale during an economic slowdown, as of September 2001. Topic of so-called vulture capitalists and their role in helping corporations in the United States recover from excesses of the 1990s; Mention of the average recovery rate on defaulted telecommunications bonds. INSETS: THE VULTURE HALL OF FAME;WHO CAN AFFORD TO GO BROKE?.
- Published
- 2001