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...Bonds issued by some of the companies hit hardest by coronavirus, including cruise operator Carnival Corporation, have rallied vigorously over the past year, rewarding investors who were prepared to gamble...
...Plus, the FT’s capital market’s correspondent Rob Smith explains how Carnival Corporation managed to persuade investors to put their money into the ailing cruise company....
...with the Carnival Corporation share price....
...He founded the team alongside Lachlan Murdoch, son of media tycoon Rupert and chief executive of Fox Corporation....
...During the financial crisis, the real-time, practical manifestation of the liquidity v. solvency debate was about what financial institutions were worth saving....
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