Tuesday, Sep 29, 2009

It's different in the UK because...erm...

Reuters: Unprecedented U.S. corp. defaults seen for '09

"U.S. corporate debt default rates are expected to hit "unprecedented" levels in 2009, even though the economy may be past the halfway mark of the U.S. recession, according to a forecast unveiled on Monday at the Reuters Restructuring Summit". ( = more US banking problems, depressed housing market, damaged economy).

Posted by alan @ 05:46 PM (773 views)
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1. flashman said...

We're almost in the 10th month of the year and Kleweno makes a prediction for 2009? Quite a nifty forecasting technique

Tuesday, September 29, 2009 06:02PM Report Comment
 

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