Beauty Queens in High Finance
jagannath rao adukur | 11 June 2004, 6:21amWhen a high-street banker speaks of a beauty queen he does not mean the 34-24-36 variety who dazzles international crowds by her oomph and gets her sponsors millons of dollars worth of business.In the world of high finance a beauty queen would simply mean : A good buy in bonds or other investments which combines within itself an excellent investment rating and an attractive coupon. In other words an ideal pick available in the market for the investor.In real life such investments do not exist just as beauty queens are rare in the workaday world
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