With margins no longer eroding and leverage down, worst 'probably' over for bond defaults, new research finds.
mounts, as thousands of shared credit-facilities turn toxic. Economy, lax underwriting
standards blamed. | Cash Concerns: Pain in the ARS
Geithner wants to make sure
the Federal Reserve is serving the public, not banks. This is hardly uncalled
for, say experts.
Regulator says some investors only deserve 99 cents on the dollar for their investments.
The fresh funds should help the company stave off bankruptcy for now. But the carrier needs to start making money -- and soon.