"If you look at how much money was available to do restructurings back in 1999, the number was close to $7 billion, and today it's almost $100 billion set aside or at least somewhat earmarked to do restructurings and so on; that's money already in the marketplace," Heisley said.
Watch the video for his thoughts on price competition and other factors that will influence this cycle.- George White
See Dealscape post on full panel
See more content from Distressed Investing Conference 2008
