{"id":774,"date":"2012-11-13T12:00:16","date_gmt":"2012-11-13T17:00:16","guid":{"rendered":"http:\/\/centerforfinancialstability.org\/wp\/?p=774"},"modified":"2012-11-13T12:59:16","modified_gmt":"2012-11-13T17:59:16","slug":"better-borrowers-than-uncle-sam","status":"publish","type":"post","link":"https:\/\/centerforfinancialstability.org\/wp\/2012\/11\/13\/better-borrowers-than-uncle-sam\/","title":{"rendered":"Better Borrowers Than Uncle Sam"},"content":{"rendered":"<p>In his first article as a contributor to Forbes, Lawrence Goodman compares Uncle Sam to some well regarded corporates such as Exxon, Johnson &#038; 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 &#8211; as reflected in the credit default swap (CDS) market.<\/p>\n<p>See the <a href=\"http:\/\/centerforfinancialstability.org\/oped\/Forbes_US_GM_111312.pdf\">pdf file<\/a> to read the article with a copy of the comparison CDS chart or the <a href=\"http:\/\/www.forbes.com\/sites\/greatspeculations\/2012\/11\/09\/big-corporations-look-like-better-bets-than-uncle-sam\/\">Forbes article <\/a>for the article only.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In his first article as a contributor to Forbes, Lawrence Goodman compares Uncle Sam to some well regarded corporates such as Exxon, Johnson &#038; Johnson, Chevron, Walmart and Google. The cost to insure the debt of each corporate from default &hellip; <a href=\"https:\/\/centerforfinancialstability.org\/wp\/2012\/11\/13\/better-borrowers-than-uncle-sam\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-774","post","type-post","status-publish","format-standard","hentry","category-debt"],"_links":{"self":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/774","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/comments?post=774"}],"version-history":[{"count":9,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/774\/revisions"}],"predecessor-version":[{"id":777,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/posts\/774\/revisions\/777"}],"wp:attachment":[{"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/media?parent=774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/categories?post=774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/centerforfinancialstability.org\/wp\/wp-json\/wp\/v2\/tags?post=774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}