Recapitalizing the Corporates
March 11, 2009
We have been asking numerous credit unions the following:
Assume corporates are stabilized but need to be completely recapitalized. If the system were restructured and you felt it safe, how much would you be willing to spend as a percent of assets to recapitalize? The most common answers are ” zero” and “we have not considered it.”
If this is the sentiment of the majority then it would greatly restrict the options for restructuring.