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Defaults to rise as economy slows
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Defaults to rise as economy slows
Posted by
dandare
555 days ago
(
http://www.philly.com
)
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business
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Tags
:
default
bonds
recession
moodys
junk
Largest downgrade of US companies to junk since 2003. Predicts rise in US company bond defaults to 4.7 percent in 2008.
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