Practitioners of "distressed investing" are a special Wall Street breed: bottom-fishers with steel constitutions and a penchant for rushing into fire sales. Like short-sellers, they are often despised because they prey on the weak-companies and individuals who made bad bets or got in over their heads. "Distressed investor" is a sanitized version of less flattering terms from bygone Wall Street eras: vultures, grave dancers, robber barons.
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