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IPFS News Link • Economy - Economics USA

Subprime Loans, Corporate-Style, Will Fuel Defaults

04-27-2009 • caps.fool.com/blogs/

Edward I. Altman, a finance professor at New York University, says he thinks the rate will probably be in the range of 13 to 15 percent, but could go as high as 19 percent this year. If the recession continues into 2010, he fears that year could see

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Reported By Jack Gregson

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Subprime Loans, Corporate-Style, Will Fuel Defaults

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