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Standard & Poor's Risk Data Products offer you a set of comprehensive, robust credit default and loss information tools that facilitate your estimation of default risk and economic losses for a wide range of credit exposures.
Loss Trends Monthly
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Loss Trends Monthly is a monthly report from Standard & Poor’s Risk Solutions that helps you gain insight in to default and recovery data trends across sectors and regions. The default data included in the Loss Trends Monthly report is based on preliminary dollar estimates from Standard & Poor’s Risk Solutions’ CreditPro® and LossStats® Database.
May 2009 Report: US Car Companies Contribute to April Default Volume
The month of April demonstrated the tough financial state of the auto industry: Ford Motor Co. effectively defaulted as a result of a distressed debt exchange, Chrysler LLC filed for Chapter 11 bankruptcy protection, and General Motors Corp. remains very close to bankruptcy as it faces a June 1
deadline to devise a restructuring plan that satisfies its principal banker–the federal government.
The $71 billion in Ford defaults, along with Chrysler’s $22.5 billion in bad loans, helped push
defaults in April to a total of $172.8 billion. That figure is the largest monthly total of 2009, and
just shy of the September 2008 total, when Lehman Brothers and its affiliates went insolvent,
contributing to $176 billion in defaults.
Thought Leadership
News
S&P Risk Solutions Launches New Bank Credit Scoring Solution Click here.
E. Sun Bank and Standard & Poor's Risk Solutions Announce Completion of Workout Loss Given Default (LGD) Model For Retail Exposures Click here.
S&P and SIMAH Announce Alliance To Launch Credit Data Consortium In The
Kingdom of Saudi Arabia Click here.
