{"product_id":"the-vulture-investors","title":"The Vulture Investors","description":"\u003cp\u003e\"What kinds of investors actually choose to make their living by seeking out troubled companies and becoming mired in the complexities and contentiousness of a bankruptcy or out-of-court workout?\" - Hilary Rosenberg (from The Vulture Investors)  Welcome to the big-time  big-stress-and big-profit-world of vulture investing. From the eleventh-hour save of Donald Trumps casinos  to the tempestuous history of Wheeling-Pittsburgh Steel  to the rocky restructuring of the massive Revco discount drugstore chain  Hilary Rosenberg takes us on a fast-moving journey through some of the major bankruptcies of the 1980s and 1990s-and brings to life the infamous  talented arbiters at the heart of their recovery. Meet the so-called \"vulture investors\" who cast their sights on distressed concerns  buy out debt  and skillfully forge their way to rich returns. Quietly upstaging the flashier corporate tycoons and raiders of the previous decade  men like Leon Black  Ronald LaBow  Sam Zell  Talton Embry  and Martin Whitman have helped to make a more efficient market in this obscure sector of investment  and their success may even inspire the quickly evolving business cultures of Asia and Latin America.  The vulture investors made their way to the forefront of American business during the troubled period when declaring bankruptcy became commonplace among debt-heavy companies. Buying out debt and seeing through the rehabilitation of companies as well-known as Sunbeam and Bloomingdales  these unique players have changed the face of the distressed securities market. In her own animated  absorbing  and original style  Hilary Rosenberg creates thoroughly researched reenactments of the vultures greatest exploits to offer an intriguing examination of their methods and their madness-and reveals the important role of these controversial characters in aiding worldwide economic recovery.  Praise for The Vulture Investors  \"A lively account of the hardy band of investors who look for-and find-gold in capitalisms junk pile. Rosenberg not only tells their stories with captivating relish but weighs the overall economic impact of their exploits. This book is a valuable introduction to 1990s-style deal-making.\" - Chris Welles  Senior Editor  Business Week  \"In a tour de force of punchy business writing  Rosenberg dissects a little-known but increasingly common high-stakes financial game: preying on companies in distress. . . . The author relates these intricate  suspenseful narratives in a clear  lively style that always instructs and often amuses.\" - Publishers Weekly  \"Reads like a good suspense novel.\" - Library Journal\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":44959821463605,"sku":"ByrdShop_0471361895","price":61.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780471361893.jpg?v=1770374854","url":"https:\/\/atxbooks.com\/products\/the-vulture-investors","provider":"ATX Books","version":"1.0","type":"link"}