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  • Global Junk Bond Default Rate Doubles in 5 Months - Moody's [View article]
    Virtually One Hundred Percent of debt currently rated "junk" will default over next 12-18 months. Why is Moody's still here? Why are any of the ratings agencies or Money Center banks still asked for an opinion??
    The credit crunch will eat junk alive.
    Jun 11 15:29 pm |Rating: 0 0 |Link to Comment
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