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~ TRT ~

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~ TRT ~

Re: None

Saturday, 05/23/2009 9:18:32 AM

Saturday, May 23, 2009 9:18:32 AM

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What exactly are they talking about ?

Did CSAR default ?

http://www.forbes.com/2009/05/22/verizon-conocophillips-investing-markets-bonds.html?partner=yahootix

Credit still looks tight for companies carrying the greatest debt burdens. Investors hope to avoid getting burned as the rate of companies defaulting on their bonds gathers pace. There were another eight U.S. businesses that met this fate in the past week, including autoparts maker Dana Holding; television broadcaster ION Media Networks; and recycled paper maker Caraustar Industries ( CSAR - news - people ). The tally has hit 93 for the year.

All posts are only my opinion and are not buy or sell recommendation.

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