Financial Times FT.com

Fundraising looks increasingly desperate

By Tony Jackson

Published: July 26 2009 18:58 | Last updated: July 26 2009 18:58

If this credit megacycle has taught us anything, it is the sovereign value of equity. So companies are crying out for more. Will they get it?

That is not a rhetorical question. I do not know the answer, though I have my doubts. But the issue is one of the most important facing the corporate sector worldwide.

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