The first junk bond
Platt, Harlan D.
Reading Time
at 250 WPM3h 56m
The average reader, reading at a speed of 250 WPM, would take 3h 56m to read The first junk bond.
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8
days at 30 min/day
236
total minutes
The first junk bond
Published
1994
Publisher
M.E. Sharpe
Pages
236
ISBN-10
1563242753
Description
This is the comprehensive story of Texas International Inc., a small domestic oil and gas company that needed new capital resources for growth. It turned to Drexel Burnham Lambert and Michael Milken who engineered the first junk bond issue for this company at high interest rates. The book records the unusual events that befell the company, through its corporate growth and decline, debt exchange offers, bankruptcy, and corporate rebirth as (fittingly named?) The Phoenix Resources Companies, Inc. Readers will find interesting background on the oil and gas industry, as well as discussion of the financial wheeling and dealing that set the precedent for corporate financial innovations in the 1980's. This book offers a valuable innovation of modern corporate finance in the form of a model to predict bankruptcy. Students, scholars, trade market businessmen - all who are interested in the 1990 financial issues including bankruptcy, exchange offers, and corporate reorganization will find Harlan Platt's The First Junk Bond an illuminating case study.
Subjects
Frequently Asked Questions
How many pages are in The first junk bond?
This edition of The first junk bond has approximately 236 pages. Please note, this is an estimate and the exact page count can vary between hardcover, paperback, and e-book versions.
How long does it take to read The first junk bond?
For most readers, The first junk bond typically takes between 4h 55m and 3h 17m to complete. This is based on the book's length of approximately 59,000 words and common reading speeds.
Here's a detailed breakdown: • Continuous reading at 250 WPM: approximately 3h 56m of focused reading • Casual reading (30 minutes/day): you could finish in roughly 8 days • Estimated word count: 59,000 words
Your individual reading time will vary based on your personal reading pace, the amount of daily reading time, and your familiarity with the subject matter.
What is the word count of The first junk bond?
The estimated word count for The first junk bond is approximately 59,000 words. This figure is calculated using industry-standard methods that consider genre-specific word density patterns, typical formatting and layout characteristics, and standard words-per-page ratios for published books.
This is an approximation — actual word count may vary based on font size, formatting, edition, and the presence of illustrations or charts.
Who is the author of The first junk bond?
The first junk bond was written by Platt, Harlan D..
When was The first junk bond published?
The publication date for this specific edition is 1994. The original work may have been published on a different date.