Ahmed
Apr 27, 2012

According to other news reports Anheuser-Busch is adearly back away from this plan because of complaints by colleges and universities.It will be interesting to see if Anheuser-Busch makes it. They were larded up in late 2008 with $52 billion of debt. According to a CNN article they are raising beer prices across the board at the same time beer consumption is on the decline. A-B has adearly seen a lot of cost cutting to help pay for its massive debt.Other companies that were purchased or expanded during during the credit bubble with too much debt are adearly dropping like flies. Reader's Digest, General Growth, Idearc, Fairpoint Communications, etc. to name a few.My understanding is something like a 1/2 trillion dollars in corporate debt is going to go bad over the next 3 or 4 years.