Money Heaven
Apr 9th, 2006 | By Michael Shedlock | Category: Macro Economics
Bloomberg is reporting, "Record Sales of Riskiest Debt":
"U.S. companies one step away from default are selling a record amount of bonds.
"Jostens Inc., the biggest maker of school rings, and a Hard Rock Intl. Inc. affiliate are among borrowers rated CCC or lower who offered $20 billion of debt since December. ...read more
