Soundbites.
| Position | CIMA annual conference round-up |
"People should always be looking for another job--we are in the business of business, not the business of accounting." Martin Fahy.
[ILLUSTRATION OMITTED]
"The private equity market is slowing down markedly. A lot of returns have been financed by the galloping debt market. But the money from collaterised loan obligation vehicles has now dried up--there simply is no money left. Large buy-outs are, therefore, unfundable. I predict an era of...
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