The vulture game
Article Abstract:
The large number of bankruptcies in the 1990s has increased the volume and importance of bankruptcy investment services, which have a market that may be as large as $300 billion. These companies buy the debt of bankrupt firms and sell it for a profit after bankruptcy negotiations are finished.
Publication Name: The New York Times Magazine
Subject: General interest
ISSN: 0028-7822
Year: 1992
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Leon Black: vulture capitalist
Article Abstract:
Leon Black was instrumental in the deals which eventually brought about the collapse of the investment banking house Drexel Burnham Lambert. He uses that experience to put together impressive deals which have enriched him and his partners at the Apollo Investment Fund.
Publication Name: M
Subject: General interest
ISSN: 1052-8563
Year: 1992
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Black conservatism
Article Abstract:
Black conservative Shelby Steele believes that racial differences are still very evident in today's society. He suggests that all races should focus on what they can achieve and learn to coexist with each other.
Publication Name: The American Legion
Subject: General interest
ISSN: 0886-1234
Year: 1992
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