Скачать книгу - Distressed or Deliberately Defiant?

A detailed and compelling look at distressed securities investing in today’s market In the corporate world, “vulture” investors in distressed securities serve the same cleanup function as vultures do in the natural world: they deal with failing companies, digest bad debt, and mop up after bankruptcies. Since this market’s structural and legal complexities create greater inefficiencies than in other investment fields, it’s a style of investing that can make money during both booms and busts. While recent economic carnage has made opportunities for vulture investors, more convoluted bankruptcies, conflicts of interest, and even government intervention have made this arena harder to negotiate. Nobody understands this better than author George Schultze, founder of Schultze Asset Management. During his successful career as a vulture investor, he’s learned a number of lessons and developed an investment philosophy that has served him well. Now, in The Art of Vulture Investing, Schultze shares his valuable insights and experiences with you. Engaging and informative, this reliable guide offers a bird’s-eye into the opportunities and risks associated with vulture investing. And while it may not always be pretty, you’ll see exactly why this process is necessary for our economic ecosystem. Throughout this book, Schultze explains the theory and strategy of vulture investing in clear and lively prose, illustrating each concept with examples from his own varied experience that show how the landscape has changed in recent years. Offers valuable information on distressed securities investing since the 2007-2009 financial crisis Examines the opportunities and dilemmas for modern vulture investors Includes in-depth case studies of high-profile bankruptcies, including those of Chrysler Automotive and Tropicana Casinos and Resorts By its very nature, investing in distressed companies can be a complicated and risky business. But once the dust settles, these investments can yield extraordinary profits. The Art of Vulture Investing puts this discipline in perspective and shows you how to excel at this difficult, yet rewarding, endeavor.

A comprehensive look at the enormous growth and evolution of distressed debt, corporate bankruptcy, and credit risk default This Third Edition of the most authoritative finance book on the topic updates and expands its discussion of corporate distress and bankruptcy, as well as the related markets dealing with high-yield and distressed debt, and offers state-of-the-art analysis and research on the costs of bankruptcy, credit default prediction, the post-emergence period performance of bankrupt firms, and more.

Promoting the Planck Club presents rich mini histories of selected scientists whose work led to radical and transformational discoveries, their background, the prevailing scientific environment, and the conditions that allowed for their success. The text provides a broad audience of students, scientists, engineers, economists, and policymakers with ways to ensure that we take all steps to protect the flow of unpredictable scientific discoveries that are necessary for sustained levels of growth as well as ways to ensure that all steps are taken to protect the flow of unpredictable scientific discoveries.

Newly updated, this is a comprehensive guide to ODD and conduct disorder (CD) in children aged 3-14 for professionals, students, and researchers. Summarizes the most important empirical knowledge across a broad array of topics, with a focus on the latest research and meta-analyses, as well as high-quality older studies Includes revised diagnostic conceptualizations for ODD and CD from DSM-V and the upcoming ICD-11 classification systems, with particular attention to similarities, differences, and information about an angry-irritable subtype for ODD Provides updated reviews of biological and social-cognitive risk and protective factors and the evidence base for relevant treatment and prevention procedures Describes best practices for assessment, treatment, and prevention for children and their families, based on the clinical and research work of the well-respected author team

Winston Churchill rages against time and his own mortality, in conflict with friend and foe alike, in this tumultuous political drama of his last ten years of public life. Here is Churchill at his most outrageous, maddening and devious – but also at his most human, courageous, and defiant.At the end of July 1945, Churchill was a defeated man – hurled from power by the British people after a war in which he had saved his country.‘Churchill Defiant’ is the story of how, when it seemed impossible, Churchill fought his way back over the next six years to the centre of great events. In 1951, at last Prime Minister once more, he was ready to begin his dash to win 'the last prize I seek': the lasting peace that had eluded the world after Hitler's defeat.But Churchill's battles were just beginning. He would have to wage war with both his closest colleagues and his most indispensable allies, the Americans, to get to where none of them wanted him to go: the negotiating table with the Soviets.Barbara Leaming has written a gripping, fast-paced narrative of bare knuckle politics, of life and death decisions, of old grudges, and fresh blame. It is a compelling, vivid, and often deeply poignant portrait of the great man at a time when almost no one wanted him to remain on the public stage and when he was willing to do absolutely anything to stay there.