DECHERT’s Global Finance Practice includes an industry leader, Richard D. Jones, who ranks in the uppermost 1 percent with career accomplishments, and who periodically pens screaming eagle analyses for his clients, friends and admirers (count us among friends and admirers). When Jones’ thoughts in a blog called Credit Crunch* lift off into cyberspace, they take flight and soar higher than the WSJ or Bloomberg. With his permission is this excerpt from his most recent version of Credit Crunch:
*Credit Crunch is a proprietary blog of Dechert LLP.
Disclosure: GERSONLAW is not affiliated with Dechert LLP and solely reprints this excerpt from Credit Crunch with Dechert’s permission. For more recommended reading, subscribe to Credit Crunch at info.dechert.com