Following Sale And Assignment Notices
The value of these bankruptcy filings grew from $70.5 billion in assets in 2007 to $1.16 trillion in assets in 2008 — a significant jump even if the massive bankruptcies of Lehman Brothers and Washington Mutual are excluded.
In addition, forecasters predict that junk bond defaults will rise from 4 percent in 2008 to 13 percent in 2009.
In these...
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