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Calpers Supplants Stocks With Apollo Funds Amid Rising Defaults - Bloomberg

Calpers Supplants Stocks With Apollo Funds Amid Rising Defaults
Bloomberg - Aug 17, 2008
Distressed securities are mostly corporate bank loans and high-yield junk bonds that are having trouble meeting interest and principal payments. ...

Attorney indicted in fraud, conspiracy charges - Chicago Tribune

Attorney indicted in fraud, conspiracy charges
Chicago Tribune, United States - Aug 22, 2008
He appeared in federal court in Cedar Rapids on Friday and was released on bond. The charges are contained in an indictment filed in US District Court in ...

Court Upholds Vacating of $700 Million in Punitive Damages in ... - Trading Markets (press release)

Court Upholds Vacating of $700 Million in Punitive Damages in ...
Trading Markets (press release), CA - Aug 26, 2008
French bank Credit Lyonnais allegedly purchased $3.25 billion of junk bonds in Executive Life from California in 1993 through several front companies. ...
Court throws out award in Executive Life case InvestmentNews
all 32 news articles

CURRENT YIELD - Barron's

CURRENT YIELD
Barron's - Jul 27, 2008
And, while spotting defaults at a distance is still most likely in the lower tiers of junk bonds, that occasional out-of-the-blue risk suddenly seems less ...

Focus on investing roots pays off for Heartland - Milwaukee Journal Sentinel

Focus on investing roots pays off for Heartland
Milwaukee Journal Sentinel, WI - Aug 23, 2008
Breen quickly acknowledges that investors burned back in October 2000, when Heartland was forced to mark down its High-Yield Municipal Bond by 69% and its ...