Wednesday, April 28, 2010

The Restructuring Dance - How Long Will This Be Going On?

Financial markets have continued to be buffeted by some terrible news, which has mostly been ignored. Meanwhile, key indicators like bond spreads and equity levels have recovered from, and in many cases improved beyond, where they were when Lehman Brothers was forced to bid adieu. Thus, it seems like we may be entering the greed phase of the dread/greed cycle, however how far with this phase run? More information: click here

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