Subscribe to RSS feedFunding ways out of finance storm
by
Obsidian
—
last modified
Jan 21, 2009 12:00 AM
Investment banks are laying people off, lenders have more or less stopped lending, hedge funds are hurting and private equity funds are taking a wait-and-see approach.
It seems the shipping highs of the past few years with investors getting drunk on dry bulk are a distant memory.
Dry bulk markets have seen a 70% collapse and the container markets a 60% drop. Banks are unable...
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