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Today its rating is a -, the worst among all 50 states and not much better than "junk".

今天，它的信用等级是A -，50个州中最差的，比“垃圾”这个等级好不到哪儿去。

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Most of its money comes from direct marketing (that is, junk mail) and sales of things as varied as wine, vitamins and books.

其大部分的收入来自直销市场（即垃圾邮件）以及诸如红酒、维生素片和书籍等五花八门的商品销售。

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This firm went bust in 1991, when the market value of its junk-bond portfolio collapsed.

ECONOMIST: The Executive Life affair

After the two companies were combined earlier in 2009, Sirius was out selling its junk bonds to very willing buyers who loved the deal.

FORBES: Ask Not What Karmazin Did For Sirius. Ask Instead What Sirius Did For Mel

Its junk bonds traded down to 10 cents on the dollar.

FORBES: The Right Chemistry