Moody’s Report Exposes at a Massive Wave of Corporate Collapses

Moody’s Report Exposes at a Massive Wave of Corporate Collapses

Moody’s latest report on credit market dynamics showed a significant increase in the number of distressed borrowers, primarily those relating to private equity. In addition, bank stats show that while everyone else has forgotten about commercial real estate and its underlying bust, domestic banks have not and have been quietly yet persistently reducing their exposures to it. Participants in both sectors are following the same rule of thumb: avoid defaults at all costs.
Credit to : Eurodollar University