@article {Boyazny84, author = {Maria Boyazny}, title = {The Laws of Nature in the Distressed Securities Marketplace}, volume = {2002}, number = {1}, pages = {84--90}, year = {2002}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Last year has been officially recognized as the worst year for the U.S. economy in the last 10 years, plagued by disappointing earnings and business failures. High-yield defaults more than doubled in 2001 when compared to 2000 and more than tripled those in 1990 and 1991. Businesses in desperate need of restructuring represent a perfect opportunity for those willing to take on the challenges of this market. Investors of distressed assets have the best environment for investing since the early 1990{\textquoteright}s. The author covers several trading strategies.}, URL = {https://guides.pm-research.com/content/2002/1/84}, eprint = {https://guides.pm-research.com/content/2002/1/84.full.pdf}, journal = {Turnaround Management} }