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Standard & Poor's – Global Corporate Default Tally In Double Digits

News release: “Two global corporate issuers defaulted this week, bringing the 2009 year-to-date tally to 211 issuers–nearly 4x the 55 defaults at this time in 2008, said an article published by Standard & Poor’s. Both of this week’s defaults were based in the U.S., bringing the default tallies by region to 151 issuers in the U.S., 13 in Europe, 34 in the emerging markets, and 13 in the other developed region (Australia, Canada, Japan, and New Zealand)…”

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