" 41 percent of all American corporate borrowers earned ratings of A or better; now the figure is 16 percent. Then, 23 % earned ratings of B or worse; now the figure 39 %. Buyers seem more and more willing to accept lower quality credit.Almost no one defaults because almost everyone can borrow"
" 41 percent of all American corporate borrowers earned ratings of A or better; now the figure is 16 percent. Then, 23 % earned ratings of B or worse; now the figure 39 %. Buyers seem more and more willing to accept lower quality credit.Almost no one defaults because almost everyone can borrow"
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Are High Credit Ratings Just a Thing of the Past? (Published 2006)
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