Junk. Not a nice word. And when it comes to bonds, not a particularly accurate word, either. Junk is something useless, right? Something you want to toss in the trash? Well, “junk” bonds are definitely not useless. In fact they’re extremely useful. Sometimes. Marketplace Money Senior Producer Paddy Hirsch explains what a junk bond really is.
Tom Petty and the Heartbreakers performing live in Indianapolis June 23, 2006
Credit Mudcrutch / Creative Commons
Some early Christmas surprises today as both rock n' roll stalwarts Tom Petty & The Heartbreakers and Foster the people have announced 2012 tour dates. Tom Petty kicks his tour of in Broomfield while Foster the People hit Colorado in the summer...
Tis the Season! Celebrating Hannukah with the Klezmatics 'Woody Guthrie's Happy Hoyus Hanukh, ' the Solstice with an old favorite by Dar Williams, and celebrating Christmas with a She and Him Christmas.'