Posted on December 30, 2008 at 1:42 PM
Filed under: Corporate Dealmaker | Dealscape | M&A Outlook | The Deal's Events
Tagged: bankruptcy , Gary Parr , H. Rodgin Cohen , Lazard , Lehman Brothers , Sullivan & Cromwell LLP

[ Share ]  [ E-mail ]  [ Leave a Comment ]

The economic storm is far from over explains Lazard's deputy chairman Gary Parr and H. Rodgin Cohen, chairman of Sullivan & Cromwell LLP, at The Deal's M&A Outlook 2009 conference. In this video the two dealmakers discuss how Lehman Brothers Holdings Inc.'s failure impacted the financial services industry and where the industry is headed.

"We may have crossed the inflection point of the most intense crisis ... still, the economy is in bad shape," Parr said. "Inevitably there will be losses ... "

Also see:
Inside The Deal: Lazard's Gary Parr on the outlook for banks and regulation
Parr and Cohen on the transformation of bank regulation in 2009
What will Wall Street look like in 2009 and beyond?
2009 M&A Outlook: Lazard's Parr and Sullivan & Cromwell's Cohen on Wall Street's transformation

Also From The Deal Video

• Waiting for IPO: SecondMarket in the meantime
• Meredith's John Zieser on PE 'frienemies'
• Vanterra's Shad Azimi on PE's evolution
• Distressed Investing 2009 Video: Harvey Pitt on Madoff and reforming regulation
• Dealflow declines, says Intel Capital's Sodhani

The Deal Video Home Page

From The Deal.com

• Can auto dealers fight back?
• Bank of America starts taking IOUs
• Crisis Dashboard: LIBOR, VIX, TED Spread, Dow
• Auction for AIG investments unit stalls
• SEC exec: Whistleblowers should be rewarded

The Deal.com Home

Post a comment

Name:

Email Address:

URL:

Remember personal info?

Comments: (you may use HTML tags for style)

Please only click "Post" once. It may take a few moments to process.