Business briefs
Default fear
Europe’s effort to pull Greece back from the brink may result in a de fault rating by Standard & Poor’s. A rollover plan serving as the basis for talks between investors and governments would qualify as a distressed ex change and prompt a “se lective default” grade, S&P said, which may leave the bondholders unwilling to complete the exchange.
Mets mess
The Mets, bleeding cash and in exclusive talks to sell a minority stake in the team for a much-needed $200 mil lion capital infusion, closed out its first-half home schedule this past weekend with attendance down 9.5 percent com pared to the same num ber of dates last year.
Pfizer finding
Pfizer’s Chantix, a stop- smoking drug, is being linked to a 72 percent in crease in risk of cardio vascular troubles, includ ing heart failure, according to a report Monday in a Canadian medical journal.
Paulson profit
Paulson & Co. has made more than $500 million by investing in the distressed bonds of Lehman Brothers since the firm’s collapse, according to the Financial Times.

