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Company bankruptcies may top 100 next year: Bain (Reuters)

Defendant Salim Hamdan attends his trial inside the war crimes courthouse at Camp Justice, the legal complex of the U.S. Military Commissions, at Guantanamo Bay U.S. Naval Base in this photograph of a sketch by courtroom artist Janet Hamlin, reviewed by the U.S. Military, July 22, 2008. (Janet Hamlin/Pool/Reuters)Reuters - Corporate bond defaults are on track to quadruple this year and company bankruptcies may soar to more than 100 in 2009, a senior Bain & Co consultant said on Thursday.


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