AAAACCCHHHH....HELP!!!

Ok So I stupidly thought I could write a 5-page term paper on junk bonds in like 3 hours and pull off an A. And now I'm up shit's creek and I'm going to fail like everything....anyway this paper's for english (junk bonds is a relevant topic because we were doing yupppie-era stuff) and anyway I need help. So can all you ibanking gurus tell me a little something about junk bonds? I just need some interesting background info. I've been all over google and all I can get is current stuff...I need stuff from the 80's!!!! (and I'm desperately posting here even though I know most of us here weren't working in IBD in the 80's...but some of us know more about junk bonds than others) (I'll cite this topic)

And a more specific question: um which is the first firm ever in 1977 to underwrite a junk bond? I get Bear Stearns from some websites and Drexel Burnham from others....

THANKS!!!

 

And about the who was the first firm to underwrite a junk bond in 1977, um it would be awesome if someone knew what company the bond was for....thanks, you're all awesome.

"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
 

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