Hints and tips:
...S&P gives a triple C rating to bonds that have a 50 per cent or higher chance of defaulting....
...yield and they are not getting it in government bonds and they are not getting it in investment grade bonds any more, so they are taking it to the next step,” said George Strickland, a portfolio manager at Thornburg...
...The lender created a special purpose subsidy – Thornburg Mortgage Depositor, L.L.C – specifically to raise up to $10bn through revolving CP issuance....
...Lehman Brothers also gave back some of its gains on Tuesday, dropping 9.2 per cent to $42.23 after analysts at Sanford C. Bernstein said the bank could be exposed to further writedowns....
...Thornburg Mortgage, a US home lender that focuses on wealthy home buyers, delayed payment of its dividend, triggering a 47 per cent plunge in its share price....
...The fund is run by Thornburg Investment Management of Santa Fe, New Mexico. The rising tide of the oil price has lifted many other boats in Calgary....
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