Distress Investing

Praise for Distress Investing "Marty Whitman has distilled decades of distressed investingexperience into a text that is a must-read for everyone interestedin the field, whether a student or a professional investor." --Wilbur L. Ross, Chairman and CEO, WL Ross & Co.LLC "Distress Investing: Principles and Technique representsa detailed and unique perspective on an arcane arena of investmentthat is going to get a lot more attention. Marty Whitman is themaster, and has set the standard for many years." --Sam Zell, Chairman, Equity Group Investments, LLC "Martin Whitman and Professor Diz have produced a seminal workon the ins and outs of distressed investing for all distressed debtinvestors. It is jam-packed with information and guidance for thenovice and the experienced. A must-read for anyone interested indistressed investing." --Lewis Kruger, Stroock & Stroock & LavanLLP "Marty Whitman, a legend in distress investing, packs decades ofexperience into these pages. The restructuring of the capitalmarkets currently under way is sure to provide great distressinvestment opportunities, which this guide book can make count foryou." --Bruce Flatt, Brookfield Asset Management Inc. "The principles found in this book are those I used in thereorganization of my business from bankruptcy to an S&P 500company with an investment grade rating and a multibillion-dollarmarket capitalization. An excellent premier by Marty Whitman andProfessor Diz, integrating economic theory with real-worldinvestment to help investors of all shapes and sizes understand andinvest in distressed securities." --Gene Isenberg, Chairman and CEO, Nabors Industries,Inc. "Marty Whitman, the unquestioned 'Dean' of active distressedinvestors, and Fernando Diz, one of the few academics specializingin distressed investing, have teamed up to provide perhaps the bestand most comprehensive primer on distressed securities and markets.I learned so much from this remarkable volume." --Edward I. Altman, Max L. Heine Professor of Finance, NYUStern School of Business, Director of credit and debt marketsresearch at the NYU Salomon Center and adviser to several financialinstitutions including, Paulson & Co. and ConcordiaAdvisers