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..., January 27), it was William F Buckley Jr, the American conservative writer, who quipped: “I would rather be governed by the first 2,000 people in the Boston telephone directory than by the 2,000 people...
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...The average spread for double B-rated bonds — the highest rung of the junk credit world — stood at 2.01 percentage points on February 15, lower even than levels seen late last year when demand soared for...
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