The story of the oil patch is much more a story of restructuring than it is one of failure and default. That means the strongest companies are going to buy weaker companies.

Bill Downe

Categorized in : Mergers & Acquisitions

We're not seeing increases in delinquencies yet. There's likely salary continuation among laid off workers in the oil sector. There are many two-earner families. That sustains people in a downturn.

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