Thursday, June 10, 2010

BP is now trading as a junk credit.

http://www.bloomberg.com/apps/news?pid=20601087&sid=akrvWQ2luAwY

http://blogs.wsj.com/marketbeat/2010/06/10/cost-of-bp-credit-default-swaps-soars/

http://pragcap.com/are-bps-days-numbered
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