"Junk" bonds don't mean the company got an F in a test.
In Ayad Akhtar's new play "Junk," he tackles the precarious financial world of the 1980s.
Junk. Not a nice word. And when it comes to bonds, not a particularly accurate word, either. Junk is something useless, right? Well, "junk" bonds are definitely not useless. In fact they're extremely useful. Sometimes. Marketplace Senior Producer Paddy Hirsch explains what a junk bond really is.