Author: Michael Peterson
When times are good it is easy to be a banker. In every economic boom in history, banks have thrown money at companies – only to see debts go bad when the winds of economic fortune change. As a sharp chill descends on the world economy, history is repeating itself with a surprising twist. In the technology-fuelled euphoria of the recent boom, some of the biggest and most reckless lenders were not banks at all but industrial companies.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
