Power brokers of distress: Meet the Wall Street stars making millions trading busted bonds, bankruptcy claims, and other fire-sale securities

Business Insider

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· Distressed-credit trading at Wall Street banks has been a small, quiet corner of the market over the past decade. 
· But everything's changed in the last two months amid the worldwide tumult from the coronavirus pandemic.
· Now, iconic retailers like J.Crew and Neiman Marcus have filed for bankruptcy, and massive funds...

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