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No. 6: If you don’t give it to me you’ll only lend it to someone else and look where that got us
Bank deleveraging has barely started

Bank deleveraging has barely started

Banks lending money to governments to help fund bank bailouts looks horribly circular

September 1998

Scavengers and scratchers of value


Vicious dogs and bottom-dwelling, scum-sucking creatures of the deep - and that's just what they call themselves. But don't be too unkind to the vulture funds hunting for deals in Asia, they are playing a useful role in bringing value back to a depressed continent. And they are not the only ones doing deals. Conglomerates are restructuring and western financial institutions are looking for partners. We profile a mixed bunch of Asia's top deal makers. Some are ex-soldiers, some are former consultants and analysts. One is even a leading Asian central banker




Scott Cohen and Jaideep Krishna, CERBERUS
Kim Young-chong, DONG AH CONSTRUCTION
Daniel Mudd, GE CAPITAL
Simon Murray, Gems
Henry Cornell, GOLDMAN SACHS
The Asian Debt Recovery Company, MYTILUS
Wilbur Ross, ROTHSCHILD
Joseph Yam, HONG KONG MONETARY AUTHORITY






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