Steven Klinsky on Building Businesses
Masters in Business
00:00
Junk Bonds - What Are the Fees?
"Junk bonds shift the focus from hey i'm risking my own capital and i want it back to how big a fee can we spin up" "What killed the condominium o seven eight were mortgages going down right but that junk equivalent of those were yeah even worse than the levels and levels on that" There is much more equity in companies than there used to be from private equity firm, he says.
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