Don’t Count Out Troubled Companies In A Downturn
- Thursday, October 13, 2011, 11:42
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A recent study by consulting firm McKinsey, highlighted that most major downturns in the economy have been caused by “some sort of credit crisis.” For financial firms, the resulting economic recession can lead to ruin.
http://www.forbes.com/sites/investor/2011/10/13/apple-citi-sirius-troubled-companies-in-a-downturn/
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