austindefender

Criminal defense in Austin Texas.

Campbell’s soup now safer than US bonds

| December 11, 2008

At least according to this article. The bonds issued by the US government are now more expensive to insure than the bonds of the people who make Campbell Soup. Dec. 10 (Bloomberg) — The cost to hedge against losses on U.S. Treasuries surpassed the price of default protection on bonds from Campbell Soup Co. and […]