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>> MOODY'S Latest News

2 HOURS AGO - Business Insider

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This could be the next big Chinese company to go under

Analysts at investment bank Macquarie reckon they may have identified the next big Chinese company to default: oil-producing giant Honghua.  The bank is calling Honghua the "next Kaisa," a property development firm that defaulted on its debt last week. Honghua was downgraded by Moody's in January. The financial state of the company is looking dire. The analysts now expect Honghua ...

Tags: This could be the next big Chinese company to go under,  Moody's Latest News

22 HOURS AGO - Zero Hedge

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It's Not Just The Students Who Are Broke: LSU Draws Up Bankruptcy Plan

We’ve spent quite a bit of time documenting the student loan bubble which has now ballooned to $1.3 trillion and has recently led The White House to reexamine how student debt is handled in bankruptcy. Further, we’ve taken an in-depth look at delinquency rates in an effor to determine just how dire the situation has become. As it turns out, ...

Tags: It's Not Just The Students Who Are Broke: LSU Draws Up Bankruptcy Plan,  Moody's Latest News

APR 24, 2015 - Zero Hedge

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An Austrian Province Just Requested A State Bailout

One month ago we wrote about the ripple effects of the "mini-Greece going off in the heartland of Europe", referring of course to the Viennese black swan, the bailed-in implosion of the Austrian Heta bad bank which nobody had anticipated because the numbers were so thoroughly cooked, nobody had even the faintest clue just how bad the truth was. We ...

Tags: An Austrian Province Just Requested A State Bailout,  Moody's Latest News

APR 24, 2015 - National Mortgage News

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Atlantic County, N.J., Foreclosure Rate a Credit Negative, Moody's Says

Increasing foreclosure levels in Atlantic County, N.J., are a credit negative for the government, hit hard by Atlantic City's recent casino struggles, according to Moody's Investors Service.

Tags: Atlantic County, N.J., Foreclosure Rate a Credit Negative, Moody's Says,  Moody's Latest News

APR 24, 2015 - Philadelphia Inquirer

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