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Anorak | Banana Monarchy: Britain Is Bigger Credit Risk Than McDonald’s

Banana Monarchy: Britain Is Bigger Credit Risk Than McDonald’s

by | 9th, December 2008

ONCE great, Great Britain as now revealed to be a bigger credit default risk than McDonald’s.

Ronald or Gordon? Scotland awaits the answer…

Which one’s in the clown boots?

Dec. 9 (Bloomberg) Investing in U.K. government debt is almost
twice as risky as buying bonds sold by McDonald’s Corp., based on prices
in the credit-default swap market.

The CHART OF THE DAY compares the cost of protecting against a decline in the

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Posted: 9th, December 2008 | In: Money, Photojournalism Comments (3) | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink