'Like throwing gas on a fire': Wall Street's top adviser to distressed companies is warning that a corporate debt binge during the pandemic may result in a years-long economic nightmare
Published
· The economic fallout from the coronavirus is looking increasingly severe and unlikely to quickly subside.
· Companies that piled on debt in the early stages of the pandemic — thanks in large part to stimulus efforts by the Federal Reserve — may have set themselves up to struggle as the crisis drags on.
· Houlihan...