Wow! eBook
The Vulture Investors: The Winners and Losers of the Great American Bankruptcy Feeding Frenzy
Author(s): Hilary Rosenberg (Author)
- Publisher: Harpercollins
- Publication Date: January 1, 1993
- Language: English
- Print length: 416 pages
- ISBN-10: 0887306489
- ISBN-13: 9780887306488
Book Description
Every day, it seems, the headlines in America trumpet another famous company declaring bankruptcy, and “vulture investors” are having a field day profiting off the hard times of these sinking businesses. Hilary Rosenberg presents anecdotes of big-time investors – including Carl Icahn, Paul Kazarian and Marty Whitman – and reveals their intricate dealings and strategies. The book features 75 interviews with “vulture investors” – a clever group of scavengers who began feasting on the corporate wreckage of the 1980s – who hold nothing back in their explanations of how they operate. Rosenberg also tells the complex stories of recent well-known bankruptcies, such as Trump Taj Mahal, Southland Corporation and Allegheny International. The book investigates the new breed of investors, and explains how they are influencing the bankruptcy policy in the United States.
