Inventor of the famous Z-score for evaluating corporate financial distress, NYU Professor of Finance Emeritus Edward Altman is a legend in the restructuring industry. Today, he serves as director of Research in Credit and Debt Markets at the NYU Salomon Center for the Study of Financial Institutions, where he continues to be the go-to expert on bankruptcy risk.

In this episode, Professor Altman and Heidi Sorvino, managing partner at White and Williams LLC and President of the Turnaround Management Association NYC, consider recent trends in credit markets as well as Professor Altman's recent research on creditworthiness across countries.

To learn more about turnaround management, news, and experts, visit turnaround.org.

Episode Links

Our episode is sponsored by Baker Tilly.

View Professor Altman's slides here.

Learn more about Ed Altman at NYU Leonard N. Stern School of Business.

Learn more about Heidi Sorvino at White and Williams LLC.

Learn more about Turnaround Time here.

Our music is by Kit and Calltones.