# Joint research from Professor Edward Altman on the anatomy of distressed debt markets is featured

1 Faculty News February 25, 2020 ![AdvisorNews_Logo_190x145](/sites/default/files/styles/246w/public/assets/images/AdvisorNews_Logo_190x145_0.jpg?itok=ViVUpHFU)>

Excerpt from [AdvisorNews](https://advisornews.com/oarticle/new-york-university-nyu-details-findings-in-financial-economics-the-anatomy-of-distressed-debt-markets#.XlfmhyN7nGg) -- "The news correspondents obtained a quote from the research from New York University (NYU), 'We document this novel and intriguing investment market, with a discussion of size, strategies, and performance. We also present new empirical results on pre- and post default experience, leveraging our unique databases on bond and loan prices and our indexes of performance of defaulted bonds and bank loans.'"

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