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October 20, 2011

US bankruptcy claims trading at year high in Sept

"The face value of U.S. bankruptcy claims traded in September was the highest since July 2010, according to a report released on Wednesday.

The value of claims traded in September doubled from August to $4.52 billion, according to SecondMarket, which runs a claims trading platform. The number of claims traded in September rose to 1,264 from 891 in August."

Read more here.

October 20, 2011 in Current Affairs | Permalink

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