Emerging-Market Defaults Rise After Asia’s Debt Pileup

Emerging-market corporate-debt defaults this year hit their highest level since 2009, as economic conditions worsen for companies that spent years piling up their borrowings.

Sourced through Scoop.it from: www.wsj.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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