Even if the global economy does rebound to some extent this year, the number of companies in danger of defaulting on their credit obligations will remain high. A disproportionate number of them could come from the U.S., and more than half could be concentrated in five key industries, according to a report issued Friday by credit ratings agency Standard & Poor's.
Continue reading S&P's Most Likely to Default in 2010 List
S&P's Most Likely to Default in 2010 List originally appeared on DailyFinance on Sun, 10 Jan 2010 21:00:00.
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