CBS is not on Moody's list of 283 companies most likely to default on their debt. Every major airline, EK and several other well known names are on it.
what about newspaper co.'s?
Screw Moody's, what do they know, except in hindsight, like the rest of us.
Read the forth paragraph of this article. "pay cash on hand companies debt"Remember next year we have the Super Bowl and March Madness is coming = boatload of $$$.http://www.latimes.com/entertainment/news/business/la-fi-cotown-cbs6-2009mar06,0,3435676.story