Sentence examples for collapse of a junk from inspiring English sources

What's new is not the collapse of a junk class of securities.

With the collapse of the junk bond market follwing the filing of a bankruptcy petition by Campeau's American operations, the paying off of the loans through the issuance of high-yield bonds by the firm's clients has been essentially impossible.

Using the collapse of the junk bond market in the early 1990s as an exogenous shock to external capital, I document, in both difference-in-differences and triple difference designs, that speculative-grade firms that recognize economic losses in a timely manner experience a smaller reduction in investment following the collapse.

When "The Cosby Show," "Family Ties" and the police drama "Hill Street Blues" were hits in the 80's, it was at a time when insider-trading scandals and the collapse of the junk bond market were souring the public's giddy embrace of Wall Street.

Ever since the collapse of the junk bond market and the demise of Drexel Burnham Lambert, subordinated debt has virtually disappeared.

We also check the robustness of such finding in two quasi-experimental settings: the collapse of the junk bond market in 1989 and the internet bubble in 1998-2000.

Shearson has suffered recently from the collapse of the "junk bond" market and problems related to its 1988 acquistion of E. F. Hutton & Company.

The results are, in large part, the result of the collapse of the "junk bond" market, in which firms earned huge sums for underwriting the high-risk securities.

Mr. Farley won control of the company, but the deal ended in disaster after the collapse of the junk bond market in the early 1990's.

The collapse of the junk bond powerhouse Drexel Burnham Lambert in 1991 seems small by comparison, as does the 1998 failure of the big hedge fund Long Term Capital Management.

In the quasi-natural experiments, stock price crash risk was significantly higher (lower) in periods when firm financial constraints wee exogenously exacerbated (eased) by the collapse of the junk bond market (by the internet bubble).