S&P: 2011 Global Defaults Rise To 51, After Delta Petroleum Bank...

12/22/11

S&P: 2011 Global Defaults Rise To 51, After Delta Petroleum Bankruptcy
Wall Street Journal
Twenty-one of this year's defaults were due to missed interest or principal payments and 12 were due to bankruptcy filings -- both of which were among the top reasons for defaults in 2010. Distressed exchanges -- another top reason for default in 2010 ...

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