Wednesday, December 22, 2004

Hints from Bear Stearns and others ...

This week's earnings releases from major Wall St investment banks have included hints that M & A consulting fees will be higher next year. Since these firms are part of the backstage negotiations that go into M & A, the talk of a deal backlog can only come from information that these guys are privy to.

This is one of the strongest indications so far, of 2005 becoming a big deal year.

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