QUICKSILVER RESOURCES INC
Ballooning debt threatens to collapse shale industryDrillers' debt ballooned to $235 billion at the end of the first quarter, a 16% increase in the past year, even as revenue shrank.
Big banks park beat-up energy sector bonds in US money fundsEven though the value of the bonds are in free, the money funds readily accept the debt, because it's a way to generate above-market yields...
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