INDUSTRY SNAKES AND LADDERS

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Ominous talk about bankruptcies across the industry continues. Most expect some LPs will fold in the coming year, but no one knows how many. Meanwhile, capital markets are shrinking away.CBC Ottawa

• Some companies are trying to sell off assets in order to bank cash, but they're not the kinds of assets other LPs want to buy.
• Analysts continue to warn some LPs are at risk of running short of cash in coming months . . .
  

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