Corporate Bankruptcies Will Be A Key Investor Concern In The New Year
Posted on January 06, 2009 at 21:51 PM EST
Investors are breathing a sigh of relief that 2008 is over, but they shouldn’t get too comfortable. After all, with a worldwide recession under way, investors can expect acceleration in corporate bankruptcies in 2009. But the question is - which ones? In the financial services sector, 2008 was a year of spectacular failures: Bear Stearns ...
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