# Professor Edward Altman is interviewed about junk bonds

1 Faculty News December 14, 2015 ![Marketplace Logo](/sites/default/files/styles/246w/public/assets/images/marketplace_logo.jpg?itok=IIav3Udj)>

Excerpt from [Marketplace](http://www.marketplace.org/2015/12/14/world/junk-bonds-start-live-their-name-0) -- "\[Junk bonds is\] such a negative term, junk, and in some ways misleading, said [Edward Altman](http://www.stern.nyu.edu/faculty/bio/edward-altman), a professor at the New York University Stern School of Business. 'We’ve got junk mail, junk food, junk yards,' Altman said, but many companies that issue high-yield debt are growing and adding jobs, 'And, indeed, this is a very good way for them to raise capital, especially, of late, in the low interest rate environment.'"

[Read more](http://www.marketplace.org/2015/12/14/world/junk-bonds-start-live-their-name-0)