August 21, 2009
Some afternoon reading for your pleasure weekend:
• Corporate bond defaults hit record (FT) The number of companies defaulting on their debts has risen to record levels this year, according to Standard & Poor’s, while investment returns for risky corporate debt have skyrocketed since January. S&P said 201 borrowers with $453.1bn in debt have defaulted this [...]
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August 16, 2009
Quite a few worthwhile reads for before or after the beach! The following links are interesting, off the beaten path provocative, or just worthwhile. And because its Sunday, there is a bonus link beyond the usual 10.
Enjoy:
• How the Crowd Might Be Wrong (Barron’s) Right now the crowd looks to be gathering around the idea [...]
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