Value of $1 over time - in 1776 dollarsBloomberg.com: Exclusive: "McClatchy Co., Building Materials Holding Corp. and almost 100 other companies across the U.S. are suffering payback from lenders stung by at least $112 billion of losses in the loan market.Banks and investors who are losing money on the record $1.7 trillion of high-yield, high-risk loans made in 2006 and 2007 are charging borrowers an average of 1.64 percentage points more in interest to amend borrowing agreements and avoid default, according to Standard & Poor's. That's the highest since 1997 and almost eight times more than the first half of last year."
![Reblog this post [with Zemanta]](http://img.zemanta.com/reblog_e.png?x-id=f05a1219-4a6a-4fca-a7af-5501b4d32906)
Posts
No comments:
Post a Comment