Fitch Downgrades Sony and Panasonic to Junk

Sony Corp. and Panasonic Corp., the Japanese electronics makers reeling from losses, had their long-term credit ratings downgraded to junk by Fitch Ratings.
Loomis's Fuss Sees Opportunity in `Less Liquid' Bonds
14:51 - Daniel Fuss, vice chairman at Loomis Sayles & Co., and William Rhodes, president and chief executive officer of William R. Rhodes Global Advisors LLC, talk about Greece's debt crisis, the impact of the dollar's rise on U.S. manufacturers and Federal Reserve policy, and Fuss's investment strategy. They speak with Alix Steel on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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