On April 15 -- Tax Day -- millions of Americans got bad news from their tax software programs, about money they'd have to pay the IRS. That same day, lenders to Chinese integrated solar power company LDK Solar (NASDAQOTH:LDKYQ) got even worse news -- the company was running out of cash and would default on a scheduled debt payment, and they would need to reschedule their payments if they hoped to get anything back at all.
So -- a real double-whammy of a day for any U.S. taxpayers who also happened to own LDK debt. But this wasn't an isolated incident, and it won't be the last debt default for China's solar companies. Who else is defaulting, and who's at risk of doing so soon?
Click to the following video and find out, as Fool contributor Rich Smith explains.
Fool contributor Rich Smith and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.