The short answer: Not much right away, although failing to pay creditors is never a good thing for a nation's creditworthiness
Coca-Cola’s North America president, Sandy Douglas, oversees a relaunch of America’s No. 1 soft drink
Four years after the Citizens United decision, out-of-state cash is flowing down to state races
Phony phone-bill items from third-party scammers date back almost 20 years
Yves Béhar's Public Office Landscape turns the workstation into a social hub
A Bluetooth-enabled sneaker from an India-based startup doubles as a fitness tracker and personal tour guide
Critics say the agency charged with keeping regulations from burdening small companies actually serves big corporate interests
By Ben Steverman
The past year has been the hardest on investors in a lifetime. Many professional investors, however, are hoping stocks can bounce back in 2009 as eventually the recession and credit crisis come to an end.
If a recovery comes in 2009—and that's still a big if—where will it benefit investors first? BusinessWeek asked mutual fund managers for their picks of stocks that could rebound strongly in the new year.
Take a look at the investments listed here, and decide whether you think they have been unfairly punished by the past year's stock sell-off, or are due for even more economic pain in the year ahead. (Stock performance in 2008 is through Dec. 22.)
Business Exchange related topics:
U.S. Stock Market
Recession Spending and Investing