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]](https://lh3.googleusercontent.com/blogger_img_proxy/AEn0k_t4pWpOgj20DYfSr_rnAFb8feIaJ7YmSXq__KTnnRhNLtOxxcNMSKMgmULoBKWTBfMkSiDWfvfH5u7UaGU8T5pzPnXD7gEit7Jwujy7kR34UEZhNVc013AMoO-555A1npT-bmTB3lAqINJhES7HV4A=s0-d)
Posts
No comments:
Post a Comment