In 2020, junk bondholders have to choose between painful restructuring and pushing for a repayment that might kill a company
Outstanding corporate bonds grew by $500 billion between March and the end of May. As the Covid-19 pandemic raged, much of this debt was used to pay dividends and even buy back shares.
In 2020, junk bondholders have to choose between p...
Outstanding corporate bonds grew by $500 billion b...
In value-at-risk models, counterparty exposure and...
Should accounting be independent of bank supervisi...