Corporate Bankruptcies Will Top 2008 as Distressed Debt Soars Over Half a Trillion

Nearly 100 major corporations have filed for bankruptcy. More companies are under significant financial pressure as debt soars to over $500 billion. Expect more bankruptcies in the coming months as the U.S. economy struggles to reopen. Nearly 100 major corporations have filed for bankruptcy this year. That’s happening even amid the multi-trillion-dollar government bailout and […]

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