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High Yield Bonds: Nature of the Market and Effect on Federally Insured Institutions
GGD-88-75: Published: May 1, 1988. Publicly Released: May 1, 1988.
In compliance with a legislative requirement, GAO held a joint public hearing with the Security and Exchange Commission, Federal Home Loan Bank Board, Comptroller of the Currency, Federal Reserve System, Federal Savings and Loan Insurance Corporation, Federal Deposit Insurance Corporation, Department of the Treasury, and Department of Labor concerning the nature of the high yield bond market and i...