After Lehman, who do YOU think is next?
“Bankruptcies, they fall out of the sky, as we’ve all seen in the last two or three weeks,” Rob McMahon, managing director for restructuring at GE corporate lending, told the Reuters Restructuring Summit in New York this week.
The credit crunch has triggered Lehman’s bankruptcy and the $85 billion U.S. government rescue of American International Group.
At the Reuters Restructuring Summit, journalists at Reuters offices in New York and London are talking to bankruptcy industry insiders about who will be the next to fall.
What do YOU think is the next sector, or company, at risk for going bankrupt, and why?