Tagged with "Energy Companies"

Junk Oil Bonds Rely on Banks for Rescue

Posted on December 26th, 2014 at 10:27 AM

As oil prices have dropped as much as 49 percent in 2014, independent oil exploration and production companies are suffering. As their profits decline, those companies heavily are relying upon bank credit line to survive.

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I just received this letter from the CFP Board. Thank you, Thank you, THANK YOU!

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