http://business.timesonline.co.uk/to...cle3292146.ece
Return of megadeals defies the credit crunch
Credit crunch? What credit crunch? For the first time in months, investment bankers had smiles back on their faces yesterday. The sniff of the megadeal was back in the air and, for a day at least, they could forget the misery of the credit crunch and bask in the limelight once more.
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I always said that is is just a pre-shock - not need for any doomed or oh dear bollox.
Please save your gloom for about 2-3 years time when interest rates hit zero and still no upturn in demand - it will be a re-run of the great depression. Though that is not the underlying reason - the is the huge gulf between rich and poor.
Now get back to work and make the most of the good times!
Return of megadeals defies the credit crunch
Credit crunch? What credit crunch? For the first time in months, investment bankers had smiles back on their faces yesterday. The sniff of the megadeal was back in the air and, for a day at least, they could forget the misery of the credit crunch and bask in the limelight once more.
=====================================
I always said that is is just a pre-shock - not need for any doomed or oh dear bollox.
Please save your gloom for about 2-3 years time when interest rates hit zero and still no upturn in demand - it will be a re-run of the great depression. Though that is not the underlying reason - the is the huge gulf between rich and poor.
Now get back to work and make the most of the good times!
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