Parsad Posted August 6, 2009 Share Posted August 6, 2009 Bloomberg article discussing the optimistic view on low-rated debt. Includes a short comment by Biglari associate Martin Fridson of Fridson Investment Advisors. Cheers! http://www.bloomberg.com/apps/news?pid=20603037&sid=aKAEcqlaVgfs Link to comment Share on other sites More sharing options...
arbitragr Posted August 6, 2009 Share Posted August 6, 2009 I think they're just snapping back from their unprecedented lows. No doubt, default rates might climb a bit further from here, but credit markets have definitely recovered and liquidity will more than likely comeback ... if it hasn't done so already. Link to comment Share on other sites More sharing options...
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