Tag Archives: corporate debt

The Next Refinance Problem

Corporate debt says the Times of London. There’s been a dramatic rise in bad debts. Banks are not eager to lend. Businessmen are scared about refinancing debt when it comes due. Most of the chief executives I meet these days … Continue reading

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What’s A Credit Default Swap?

Time magazine reports on the demise of Bear Stearns and what could turn into the next credit crisis. The top banks hold more than $13 trillion in credit default swaps: As Bear Stearns careened toward its eventual fire sale to … Continue reading

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