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Paradigm Shift: Observations on the Current Bankruptcy Cycle

The current bankruptcy cycle is unprecedented in a number of ways: The old playbook is stale and creative new strategies are the order of the day.

24 minute read November 23, 2009 at 01:57 PM
By
Peter S. Kaufman And Henry F. Owsley
Paradigm Shift: Observations on the Current Bankruptcy Cycle

The current bankruptcy cycle is unprecedented in a number of ways: The old playbook is stale and creative new strategies are the order of the day. It stems in large part from a glut of easy credit available from 2001 through early 2008.

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