Rosenberg, Hilary

The Vulture Investors

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ISBN 13:
9780471361893
author:
Rosenberg, Hilary
format:
HardBack
publisher:
John Wiley & Sons
language:
English
Publication Year:
2000
Pages:
416
Genre:
Finance & accounting
Condition:
New
Availability:
Item usually sent within 10 working days
£46.73

Description

The Vulture Investors by Hilary Rosenberg In the 1980s and 1990s, some investors made their fortunes by buying out troubled companies at the last minute. These "vulture investors" would take on debt, help companies restructure, and then sell off assets for a profit. Their success was not just about making money, but also about creating a more efficient market in distressed securities. By doing so, they helped shape the business cultures of Asia and Latin America. This book tells the story of these unique players, who quietly upstaged flashier corporate tycoons to become major forces in American business. From the rocky restructuring of Revco discount drugstores to the eleventh-hour saves of Donald Trump's casinos, Rosenberg brings to life the world of vulture investing and its key figures.

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