Moodys穆迪 全球信贷研究周报 2010-9.pdfVIP

6 SEPTEMBER 2010 NEWS ANALYSIS US Public Finance 23 » Harrisburg, Pennsylvania, misses debt service payments as incinerator Corporates 2 plant burns through cash page 23. » Hot off the grill: Burger King buyout will likely singe its credit risk profile page 2. Securitization 24 » Intel’s purchase of Infineon’s wireless division carries execution risk » New US Fed rules on originator compensation likely to lower page 3. mortgage defaults page 24. » Proposed US accounting standard highlights growing credit pressure » Bank of Spain demonstrates commitment to restoring confidence in from multiemployer pension plans page 4. covered bonds page 25. » Petrobrás stock offering, oil rights swap should boost credit profile page 5. Banks 6 INSIDE THE RATING AGENCY » Extension of US corporate credit union share guarantee is positive, but Rating Changes 27 capital issues remain page 6. Last week we upgraded Realogy, Tyson Foods, and California » BNDES’s BRL4.5 billion capital injection is credit positive page 7 . Department of V