Rising Fears of Corporate Defaults
Story date: 2007-10-26 07:17:00
Added on: 2007-10-26 10:26:52
BusinessWeek - ... such companies as General Electric ( GE ), builder Toll Brothers ( TOL ), and Radian Group ( RDN ), which provides credit protection to mortgage ... The systemic risk is that investors will be forced to sell off higher-rated assets to cover bad bets on assets ...
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