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Looming Crash Prompts Jump in Distressed Debt Hiring (Update1)

Bloomberg - The risk in all of this is that the higher we fly, the further we could fall as and when the market turns,'' said Paul Watters, S&P's London-based director of debt recovery ratings. ``Many borrowers are tacitly acknowledging the growing vulnerability ... Read more...


Manchester United to Pay $100 Million for New Players (Update2)

Bloomberg - The acquisitions may appease fan groups who complained that Malcolm Glazer's 2005 takeover, which saddled the club with debt of 660 million pounds, risked limiting investment in the team. The same time last year, United bought only Michael Carrick ... Read more...


German May preliminary CPI up 0.2 pct vs April, up 1.9 pct yr-on-yr

FXStreet.com - WIESBADEN, Germany (Thomson Financial) - Consumer prices in Germany rose 0.2 pct in May from April and were up 1.9 pct from a year earlier, according to preliminary data from the Federal Statistics Office. Economists polled by Thomson Financial News ... Read more...


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Article - German Bank Petition Rejected @ AccessMyLibrary.com
Excerpt: "KOLKATA: The Debt Recovery Tribunal-I, Kolkata, rejected two petitions of the German bank, Commerz Bank Aktiengesell-Scheft, against CESC Limited for

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