In keeping with Mergers & Acquisitions Report’s tradition, a Wall Street high yield analyst, who this year requested anonymity, rings in the new year with the best distressed trading ideas for 2003. With gleeful input from the unnamed firm’s distressed analysts-and to the tune of “The Twelve Days of Christmas”-the analyst presents those trades for your edification in ascending order of attractiveness. In other words, you can start reading, or singing, at the end. On the first trade of the new year my true analyst gave to me
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