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TMFAleph1 (96.39)

Will These Large Caps Go Bankrupt?

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February 03, 2009 – Comments (2) | RELATED TICKERS: JDSU , F , AMD

The bigger they are, the harder they fall. Well, the credit bubble that burst in 2007 was of gargantuan proportions, and we’re still falling. Standard & Poor's is now predicting that nearly 200 U.S. high-yield issuers are at risk of defaulting on their debt this year. The amounts involved are significant: almost $350 billion in debt.

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2 Comments – Post Your Own

#1) On February 04, 2009 at 12:17 AM, Tastylunch (29.22) wrote:

nice article

JDS uniphase Holy toledo that is one bad Altman Z score!

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#2) On February 04, 2009 at 12:20 AM, kaskoosek (56.09) wrote:

For AMD it is the risk of dilution rather than default.

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