While 2/3 of all US corporations carried an investment grade
rating in the 80's the situation has reversed and 2/3 of US
corporations are junk rated. This, as far as I know, represents
a historical record.
Thereby not many companies are in a position to take advantage
of the opportunities which may arise as a result of this crisis
simply because they do not have their house in financial order
and lack capital resource.
Sunday, January 11, 2009
How many US corporations are junk rated?
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Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.
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