The loan scandal has severely tainted the company,according to Marc Gross, a money manager at RS Investments inNew York who oversees $3 billion in fixed-income funds,including Chesapeake Energy bonds. There is no chance of an IGrating over the next three years, he said. Chesapeake Energyi
Date: Apr 20, 2012
Category: Business
Source: Google
Credit Swaps in US Rise on Concern Global Economy Is Slowing
The world is still a place that has a lot of land minesin it, Marc Gross, a money manager at RS Investments in NewYork said in a telephone interview. While things in the U.S.are on solid ground, you have to be wary of things outside yourmarket.
"The loan deal simply wasn't going very well," said Marc Gross, a money manager in New York at RS Investments who helps oversee $3 billion in fixed-income funds. The changes "should stabilize the deal."