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International Women's Insolvency & Restructuring Confederation
Wall Street Meltdown to Hit Main Street Soon, According to Survey of Restructuring Experts
November 2nd, 2008
Literally 100% of restructuring experts polled recently say the recent financial meltdown on Wall Street will impact the health of companies in the US before the end of 2008. That's according to a survey of leading lawyers, crisis managers, financial advisors and distressed debt managers conducted by the International Women's Insolvency & Restructuring Confederation (IWIRC), whose members, both men and women, comprise more than 850 restructuring experts globally. Further, 65% of those surveyed believe the current credit crunch enveloping the US, and now much of Europe and Asia as well, will last beyond the end of next year. No one polled said it would be over by the end...
Source: Pharma Investments, Ventures & Law Weekly (2008-11-02)
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