GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Friday, February 12, 2016

Edward Altman on Corporate Defaults, Junk Bond Market, and Spreading Risks

Feb 12 – Edward Altman, named as one of the 100 most influential people in finance and considered a leading authority on the high yield and distressed debt market, says we are seeing the peaking of a benign credit cycle in the US. He discusses what that.

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