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Old 09-18-2007, 02:00 PM
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Post Business bankruptcies predicted by Moody’s

The credit ratings agency, Moody’s, is anticipating the rate of bankruptcies of companies with significantly more debt than equity to increase considerably over the next year. Recently, default rates for businesses and bankruptcy have been at all-time lows as companies have had little difficulty making repayments on loans or bonds. However, up to July of this [...]

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