Extremely moody: Subprime disaster to worsen; global ‘tidal wave’ of company defaults coming
Lost amid the buzz on the president's budget was a piece of extremely bad news at home and abroad, if the predictors at Moody's are correct.
Budget this, budget that. Yes, Barack Obama's budget is a historic event. But his job keeps getting tougher and tougher. From yesterday's Wall Street Journal, "Moody's: Worse to Come...