In the face of the credit squeeze, determinedly optimistic investment bankers have two favourite mantras: “It will all bounce back in the second quarter”, and “Asia is still booming”. If the first fails, will the second help?

Published: December 3 2007 09:21 | Last updated: December 3 2007 19:50
In the face of the credit squeeze, determinedly optimistic investment bankers have two favourite mantras: “It will all bounce back in the second quarter”, and “Asia is still booming”. If the first fails, will the second help?
