Better Borrowers Than Uncle Sam

In his first article as a contributor to Forbes, Lawrence Goodman compares Uncle Sam to some well regarded corporates such as Exxon, Johnson & Johnson, Chevron, Walmart and Google. The cost to insure the debt of each corporate from default is less than the cost to insure the debt of the U.S. government – as reflected in the credit default swap (CDS) market.

See the pdf file to read the article with a copy of the comparison CDS chart or the Forbes article for the article only.