Has the Golden State gone bust? - San Francisco Chronicle

Has the Golden State gone bust? San Francisco Chronicle The state has the lowest credit rating of any state in the nation, although it still is above junk-bond status. If the state falls to junk status, ... and more »

Some Ominous Economic Signs - Smartmoney.com

Some Ominous Economic Signs Smartmoney.com At the worst of the credit crisis, the spread between Treasuries and so-called "junk" bonds was 19%, the widest spread in history. ...

California's Costly High-Speed Rail Hoax: Using Borrowed Money to Build a ... - Big Government (blog)

California's Costly High-Speed Rail Hoax: Using Borrowed Money to Build a ... Big Government (blog) California has the worst bond rating in the nation, hovering just above junk bond status. A lower bond rating means higher interest rates ... and more »

Debt: The Big Hangover Has Only Just Begun - BusinessWeek

Debt: The Big Hangover Has Only Just Begun BusinessWeek To fully understand the problem ahead, it is important to recognize that more than $1 trillion of corporate high-yield debt, often called "junk bonds," will ... and more »

CONTAINER CORPORATION v. COMMISSIONER OF INTERNAL REVENUE - Leagle.com

CONTAINER CORPORATION v. COMMISSIONER OF INTERNAL REVENUE Leagle.com Without a market for junk bonds, Vitro's bridge financing looked like it might turn into bridge-to-nowhere financing. What followed was one temporary ...