The debt offensive.

Feb 12, 2002 (The Bulletin

ABIX via COMTEX) -- Enron Corporation, Kmart Corporation and Global Crossing have all moved into bankruptcy in the US. The failure of those three companies could be a sign of what is to come if the US economy worsens. Such financial pressures on the corporate sector will have an impact on the banking industry. The concern is what will happen to the bad debts of the corporate sector, particularly if the debt is not held in the banking sector. The risk management history of the banking industry in the US is not the most even. The insurance industry is ...

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Home ARCHIVES: Archive: January 2008	The debt offensive. Feb 12, 2002 (The Bulletin ABIX via COMTEX) -- Enron Corporation, Kmart Corporation and Global Crossing have all moved into bankruptcy in the US. The failure of those three companies could be a sign of what is to come if the US economy worsens. Such financial pressures on the corporate sector will have an impact on the banking industry. The concern is what will happen to the bad debts of the corporate sector, particularly if the debt is not held in the banking sector. The risk management history of the banking industry in the US is not the most even. The insurance industry is ... Previous: 28 January 2008 \| Home
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The debt offensive.