The Future of Big Finance: A Discussion with Anastasia Nesvetailova
New Books in Critical Theory
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The History of Junk Bonds
The movie Wall Street is based on the actual story and life of Junk Bond inventor Michael Luka. The instrument was used for failing companies in the time to raise capital. It actually served a social purpose, if you want, an economic efficiency purpose. And during its use, it became so popular and widespread - but also unregulated.
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