
WSJ: Pontiac Headed for Junk Yard
NY Times: Subprime Loans, Corporate-Style, Will Fuel Defaults
So it went with the subprime mortgage crisis. And so it is now going with corporate loans and bonds. It appears that defaults on leveraged loans and corporate bonds will soon rise to levels not seen since the Great Depression.
NY Times: Gadgetwise: How to Manage Your Reputation Online
TechCrunch: Venture Capital Down 50%. It’s Not Just the Recession, Folks. — greentech VC also down