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What is Junk Bond?Actively pursuing making friends with the wrong people for alternative gain or for self sabotage. Example one: Junk Bond - videoJunk Bond - what is it?(FINANCE) originally, a bond rated as not investment grade by a credit rating agency (e.g., Standard & Poor, Ernst & Young, or Moody's). Michael Milken was the junk bond innovator who figured out how to make them an effective investment vehicle. Yes, he later went to jail for securities law violations. What does "Junk Bond" mean?When your nuts stick to the side of your leg. Shorty was feelin' homeboy till she saw him pick a junk bond. |
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