Financial Times FT.com

Companies address call for more equity

By Rachel Morarjee

Published: March 25 2009 16:23 | Last updated: March 25 2009 16:23

Shortly before Lehman Brothers collapsed, one of its bankers warned of the consequences that companies could face if they buried their heads in the sand about their need to raise more money from investors.

“If you know you have a problem but just stand there like a deer in the headlights, you will find yourself in the middle of a car crash,” he said.

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