On March 20, 2008, Felix Zulauf of Zulauf Asset Management, speaking to 250 investors attending the Barron’s Art of Successful Investing conference, characterized the coming state of the world economy as “a soft depression” resulting from the “gargantuan deleveraging and credit contraction efforts, offset somewhat by aggressive government interventions”.
His predictions: A 5% to 7% [...]

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We are now witnessing a worldwide credit crisis. How will this effect emerging growth companies and their ability to attract capital? The Investment Banking community as we once knew it has changed dramatically. Literally overnight some of the largest underwriters on Wall Street have become “banks”. This will make it near [...]

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The bankruptcy of Lehman Brothers along with the government bailouts of Bear Stearns, Freddie Mac, Fannie May and AIG set the stage for a domino effect causing a huge consolidation of some of the US largest and best known Banking and Investment firms.
Here is a partial list of the events leading up to the [...]

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Investors worldwide are now anticipating one of the most severe global economic downturns since the Great Depression. After a two week free fall of our financial markets Congress finally came to their senses and passed the $700 billion bailout package. If the package had been positioned as a support mechanism for the credit [...]

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