Ed McKelvey
Ed McKelvey
certainly collapse companies context deal decline following keeping output particular places pressure price saw whenever
Whenever you have a collapse in a particular output price -- and we certainly saw a lot of that following Asia's decline -- it places a lot of pressure on companies to deal with keeping their revenues up. In that context consolidation isn't a big surprise.
fiscal good picture worse
The fiscal picture wasn't very good before and it's worse now.
debatable short stimulate
It's debatable how much the dividend-tax elimination will stimulate the economy, particularly in the short run.