In a sign of the shifting times, Credit Suisse and Citigroup will begin basing corporate loan rates on a firm's exposure to credit default swaps, according to Bloomberg. Critics say the process would only exacerbate the credit problem and force
In a sign of the shifting times, Credit Suisse and Citigroup will begin basing corporate loan rates on a firm’s exposure to credit default swaps, according to Bloomberg.
Critics say the process would only exacerbate the credit problem and force companies to take loans at incredibly high rates.
« Dow Jones Wilshire Global Index Widened With Emerging Market Countries