Money managers have traditionally made profits buying distressed debt on the cheap, but individual investors can get into the game directly as well.
Finding Potential for Debt in DistressCourtesy NYT > Your Money Sat, 05/24/2008 - 12:44
Money managers have traditionally made profits buying distressed debt on the cheap, but individual investors can get into the game directly as well. Related itemsGM profits, but still disappoints
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distressed debt
The formation of numerous funds to acquire such debt affirms that it is a timely strategy - but few if any transactions hage taken place at true market value price points -YET -- We want to talk to others who share our enthusiasm for this contrarian strategy and can direct us to product.
wzweifler@zzweifler.com
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