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Jun 10: Can a company be more credit-worthy than its government?
Jun 10: Can a company be more credit-worthy than its government?
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Jun 10: Can a company be more credit-worthy than its government?
In 2008, McDonald’s became more credit-worthy, according to its bonds and credit default swaps, than the US government. Back then, it was seen as an oddity but now investors are starting to sit up and pay attention.  James Mackintosh, investment editor, outlines why the spreads don't really make sense.
Channel: FT.com
Category: Business
Video Length: 183
Date Found: June 10, 2010
Date Produced:
View Count: 0
 
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