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Editor's letter

The credit-default-swap rate offers benefits that a credit rating does not, which is a perspective from the people who have to buy and sell the paper. Sometimes a solution to a problem comes along that is so simple it defies all the thought and toil that…

Column: Robin Keck

Vulture funds, or distressed debt funds as they would prefer you call them, are seeing a wealth of opportunities in the current trying conditions. So why aren't more funds being raised?

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