California Now One Of The Top 10 Government Default Risks In The World

With the liquidity crisis surrounding the rollover of Greek debt subsiding, the probability of default for that country has plummeted from nearly even odds to just over one in three.Last Week’s Numbers: 06 May 2010Meanwhile, other state and national governments are showing continued stress. Venezuela tops the list with a CDS spread of 1049 and [...] continue reading the breaking news