Conor Houlihan discusses 'the Distressed Debt Market' at CSFI's round table event on 16th November 2010.
Distressed debt traders, vulture funds – call them what you will. Inefficiency in markets means super profits for those who can exploit those inefficiencies – and the market for the debt of financially troubled corporates (and sovereigns) is both inefficient and lucrative. Returns are said to be north of 20% if
Either way, this is a big market, but not one that prompts a great deal of public debate
If you would like to know more about Irish Distressed Debt please email Conor Houlihan