AAAACCCHHHH....HELP!!!
Ok So I stupidly thought I could write a 5-page term paper on junk bonds in like 3 hours and pull off an A. And now I'm up shit's creek and I'm going to fail like everything....anyway this paper's for english (junk bonds is a relevant topic because we were doing yupppie-era stuff) and anyway I need help. So can all you ibanking gurus tell me a little something about junk bonds? I just need some interesting background info. I've been all over google and all I can get is current stuff...I need stuff from the 80's!!!! (and I'm desperately posting here even though I know most of us here weren't working in IBD in the 80's...but some of us know more about junk bonds than others) (I'll cite this topic)
And a more specific question: um which is the first firm ever in 1977 to underwrite a junk bond? I get Bear Stearns from some websites and Drexel Burnham from others....
THANKS!!!
And about the who was the first firm to underwrite a junk bond in 1977, um it would be awesome if someone knew what company the bond was for....thanks, you're all awesome.
Id Google/Wikipedia Michael Milken and Ivan Boesky for starters. That should give you a lot of leads as to where to find information. Could also be interesting to pull the insider trading aspect into the rise of junk bonds.
"Den of Thieves"
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