Junk Debt Interest Rates at 30-Year Low

Jan. 30 (Bloomberg) -- Interest rates for junk debt reached a 30-year low in the last week, as Lee Pacchia and Bloomberg News bankruptcy columnist Bill Rochelle discuss on their new video. Also, after a dry spell, there were a handful of Chapter 11 filings in the last week. Most were in Delaware as usual. Nortel Networks Inc. takes the distinction of being case of the week because lawyers were unable to cobble together a settlement carving up $9 billion in cash that creditors' therefore can't touch. The video ends with discussion of a new opinion for Hawker Beechcraft Inc. by Bankruptcy Judge Stuart M. Bernstein who aptly explained why the "time expended in searching for executoriness could have been spent more fruitfully doing almost anything else."

Indonesian Trade Minister on Economy, Foreign Investment
28:32 - Indonesia is set to announce today details guiding investments in the country. The move is aimed at luring foreign funds deterred by nationalistic policies which have led to six straight years of slower growth. Bloomberg's Haslinda Amin sat down with Indonesia's Trade Minister Tom Lembong in Jakarta for his take on the economy. (Source: Bloomberg)
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