Many of the deals that would have been strong contenders for these awards in a normal year must be disqualified because they are now not so much underwater as sunk. It is hard, for example, to see which of the Asian financial institutions that invested in their ailing counterparts throughout 2008 could truthfully declare themselves to be completely satisfied with the decision. Yet there were undoubtedly good deals done as the financial crisis that some had thought would spare Asia instead engulfed it. ...
