Dominique Mielle on Luck and Resilience in Finance
Masters in Business
00:00
The Restructuring of the Airlines After the Financial Crisis
By 2008-09, there were bankruptcies everywhere in every industry from retail to telecom. That kept my colleagues occupied and making a lot of money. The great bonanza of late 2008-09 is that there were companies that were not stressed at all. It's just the bonds were trading horribly just because liquidity was gone for the market.
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