I write this review coming from a background of having majored in economics and finance, and litigated numerous financial product lawsuits. So I have some background. In my opinion this is a truly excellent book for the person just getting into leveraged finance, but who wants to know its various aspects in some depth. This book addresses essentially all of the issues, and addresses them well. The only noticeable omission (and actually a beneficial omission) is the higher mathematics. Once beyond the knowledge of the process, leveraged finance can easily become the domain of the "quants", those so deeply immersed in mathematics that one needs a Ph.D. to follow the discourse. Frankly, this book is better without such intense mathematics for it would leave the reader at a total loss. I won't try to enumerate all the subjects covered in the book, the index shown will do that. What I will do is say that this book does its job with great readability and thoroughness. Highly recommended to those with an interest in this area, not merely laymen, but finance and economics students as well.
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