News

Search News






The Community Buzz

What is this?

Corporations Are Defaulting On Their Debts like it's 2008 All Over Again




The number of companies defaulting on their debt is hitting levels not seen since the financial crisis,and it's not just a problem for bondholders.

So far this year,46 companies have defaulted on their debt, the highest level since 2009,according to S&P Ratings Services.Five companies defaulted this week, based on the latest data available from S&P Ratings Services.That includes New Jersey-based specialty chemical company Vertellus Specialties and Ohio-based iron ore producer Cliffs Natural.

Read Full Story: http://theeconomiccollapseblog.com/archives/corpor...

Shared by



Comments (0)

Add Comment
Comments Options
Sort comments by:








Life Fitness

Apply

Customer Service Support Technical Specialist / 13137

Category:

Customer Service and Call Center

Region:

IL - Chicago North


CNH America LLC

Apply

Systems Analyst - Warehouse

Category:

Information Technology

Region:

WI - Milwaukee


PSEG

Apply

ECNET Production Mgr Lead Cons/Ld Sr Consultant-Applications Support *

Category:

Information Technology

Region:

NJ - All


CSC

Apply

System Engineer Linux Windows IRS Largo MD MBI Treasury clearence required

Category:

Information Technology

Region:

MD - Prince George's County