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Old 03-10-2009, 02:57 PM   #1
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Credit agency names 283 US firms most likely to go bust

"Tight credit markets and the global economic downturn are rapidly swelling the population of US companies with [a] high default risk and weak liquidity," Moody's said in its report.

The list, which will be updated quarterly, names the firms that are the most likely to have difficulties paying their debts. Just 157 companies would have made the list if it had been compiled last year, Moody's said.

"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
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Old 03-10-2009, 03:19 PM   #2
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Hunh. First line of the article mentions GM - and we just dropped a $1000 bet on them this morning. I amuse me - don't play poker, don't play the lottery, doubt i've spent $50 in a casino on gambling in the last ten years. But no problem throwing a grand down to say i don't see our biggest automaker going out of business. 'Course i put 3 bets down on Bank of America back when the stock was at 35, 25, and 22 dollars, so take that for what it's worth.
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