Relevant:
- Bankruptcies Rise in Crunch for Firms `That Should Have Failed'
- Cash-Stuffed Balance Sheets No Match for U.S. Company Debt
- The Economy Looks Good Today, But the Next Debt Crisis Is on the Horizon
- MarketWatch's Arends: Corporate Debt Market Is a Bomb About to Explode
- Subprime Loans, Corporate-Style, Will Fuel Defaults
2009-11-16 — blogspot.com
" Corporate failures have slowed, as companies once on the verge of default have found a new life. These companies are now refinancing their balance sheets with new debt, pushing out maturities on existing loans or using distressed-debt exchanges to avoid a bankruptcy filing."
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