Default-O-Matic update: TribCo at most risk

With the default last month of Journal Register Co., the Default-O-Matic now shows Tribune Co. as the publisher most likely to be unable to repay its debt in the future.The Default-O-Matic predicts a company’s risk of default by using ratings from Moody’s Investors Service, one of the three independent agencies hired by bond issuers to assess their ability to repay the money they borrow.Since the