TMA Talks: What the Z-Score Says About Risk of Default Today
Welcome to TMA Talks, a regular series of podcasts hosted by TMA Global CEO Scott Y. Stuart, Esq. Each segment features prominent TMA members, industry experts, and other special guests. These exchanges, edited transcripts of which are printed in the JCR...
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Scott Y. Stuart, Esq., is the Chief Executive Officer of Turnaround Management Association, a professional community of 9,000 members that seeks to strengthen the global economy by working save distressed businesses, assist management to navigate off-plan events, and help healthy companies avoid similar pitfalls. He brings nearly 30 years of experience in the restructuring, legal, and distressed investment sectors and has a proven track record of building, growing, and leading successful companies, from corporations to startups.
Edward I. Altman is the Max L. Heine Professor Emeritus of Finance at New York University’s Stern School of Business and director of theCredit and Fixed Income Research Program at the NYU Salomon Center. He is an internationally recognized expert on corporate bankruptcy, high yield bonds, distressed debt, and credit risk analysis, and is an advisor to Paulson & Co., a consultant to FINRA, and a member of the board of the Franklin Series Funds. He was an inaugural inductee into the Turnaround, Restructuring, and Distressed Investing Industry Hall of Fame and is a member of the Fixed Income Analysts Society Hall of Fame.