Peter Schoenfeld on his investors and the coming M&A boom

Part 2, October 7 2008: Peter Schoenfeld, Managing Partner of P. Schoenfeld Asset Management, talks to Chrystia Freeland, US Managing Editor, about why it was a mistake to let Lehman Brothers go bankrupt and how he expects to weather the current crisis for his investors. He discusses a possible burst of M&A activity in coming years and the outlook for private equity and distressed debt. Mr Schoenfeld also looks ahead to how Wall Street will be reshaped in the near future. Next week, Greg Maffei of Liberty Media. If you have a question for Greg Maffei, please email it to the link below.