Secondary Market/Investors

Why The Q4 Earnings Season Will Suck

By PAUL JACKSON
January 9, 2008 10:48 PM CST

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Via FT Alphaville, sourced to Citigroup:

This is much more than just a “buyers’ strike�, or a matter of hoping/waiting for buyers’ risk appetites to return. In reality, many of the key buyers have blown up and others will no longer participate now [that] they know what the risks are.

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