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  • Manchester United debt hits £716m
    By on January 20, 2010 | Comments Off  Comments

    Debts at Manchester United’s parent company swell to £716.5m, say their latest accounts.


  • The Coming Wave Of Debt Defaults
    By on December 10, 2009 | Comments Off  Comments

    The trouble in the commercial real estate markets is getting ugly. Speculative-grade debt issuers are bracing for the default rate to hit 12% to 14% by the end of 2009. The current long-term average default rate is 4.5%; and as recently as 2007, it was just under 1%.