The fundamentals are still that growth is very slow in many parts of the world and companies - particularly non-financial corporates here and in some emerging markets - have taken on more risk. Richard Berner More Quotes by Richard Berner More Quotes From Richard Berner The cash flows that they now can expect are better than when oil was, you know, 25 bucks for a short period of time, so that's a lot better, but the fact is that the debt didn't go away. Richard Berner energy Have they managed for them sufficiently? I think you'd have to look bank by bank, the important point is that the bulk of those loans weren't made by banks. They were made in the securities markets, in the capital markets. Richard Berner energy
