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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