31. South Korea in recent weeks has faced a plummeting currency and stock market and a cascade of corporate bankruptcies. 32. South Korea is suffering through a string of large corporate bankruptcies and bank defaults. 33. Soon after, Enron became the biggest corporate bankruptcy ever. 34. Still, a weaker rupiah is likely to raise the burden of foreign debt, possibly triggering corporate bankruptcies. 35. Still, the dollar is expected to rebound next week amid an increase in Japanese corporate bankruptcies and a cash crunch in Korea. 36. Still, the U.S. currency is expected to rebound next week amid an increase in Japanese corporate bankruptcies and a cash crunch in Korea. 37. The case is the largest investor-owned utility bankruptcy filing in history and the third-largest corporate bankruptcy ever. 38. The biggest corporate bankruptcy filing in U.S. history may also be the biggest payday ever for U.S. bankruptcy lawyers. 39. The downgrades were prompted by tumbling currencies and higher interest rates that caused corporate bankruptcies to surge and undermined the financial industry from South Korea to Indonesia. 40. The demise of the co-ops has stoked fears that corporate bankruptcies will skyrocket, leaving banks of all stripes with even larger losses. |