Bonds that at the time of issue were considered investment grade but that have dropped below that rating over time.
The fallen angels are those angels who followed Lucifer in the Great Rebellion, whose consciousness therefore "fell" to lower levels of vibration. They were "cast out into the earth" by Archangel Michael (Revelations 12:7-12), constrained by the karma of their disobedience to God and his Christ to take on and evolve through dense physical bodies.
Refers to bonds that were investment grade at the time of issue but have since declined to below investment grade (BB or lower). The difference between fallen angels and junk bonds is that fallen angels were originally of investment grade whereas junk bonds never had an investment grade rating.
Bonds that have dropped from investment grade to junk bond status.
Fallen angels are bonds that have declined in quality to below investment grade, even though they were rated investment grade at the time of their issuance.
Fallen Angels is a 1995 Hong Kong movie written and directed by Wong Kar-wai, starring Leon Lai, Takeshi Kaneshiro, Michelle Reis, Charlie Yeung and Karen Mok.
Fallen Angels (1991) (ISBN 0-7434-3582-6) is a Prometheus Award-winning novel by science fiction authors Larry Niven, Jerry Pournelle, and Michael Flynn. The novel was written as a tribute to science fiction fandom, and includes many of its well-known figures, legends, and practices.
Fallen Angels was a neo-noir anthology television series that ran from 1993 to 1995 on the Showtime pay cable station and was produced by Propaganda Films. No first-run episodes were shown in 1994.
Fallen Angels is a novel that was written by Walter Dean Myers about a group of young Americans in the Vietnam War. The characters of Richie Perry, Lobel, Johnson, Brunner, and Peewee are all in Vietnam. They came there for different reasons, but now they share a single dream - getting out alive.
The Fallen Angels is a mixture of comic book teenage supervillains and superheroes in the Marvel Comics' universe. The team first appeared in Fallen Angels #1.
Fallen Angels was the heavy band considered to be the prelude to the hit band Megadeth.