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2 of 2 people found the following review helpful:
4.0 out of 5 stars
One man's trash, another man's treasure!,
By Lorenzo (Omaha, Nebraska) - See all my reviews
This review is from: Distressed Debt Trading: Understanding International and Domestic Secondary Markets (Paperback)
The issue of distressed debt resolution is a key issue in the world of finance and economic development - and one which this book in large measure clarifies. The technical issues were superb - indeed masterful - but the book did not address the broader challenges of distressed debt - how to package distressed debt, how to establish centralized entities to deal with NPLs, how to preserve viable (but overleveraged) businesses from the depredations of the real estate oriented vulture funds. However, to the layman, this book would be a terrific resource
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Distressed Debt Trading: Understanding International and Domestic Secondary Markets by Karol K. Denniston (Paperback - September 1, 2000)
Used & New from: $117.00
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