Adam Cook, Managing Director and Head of Investment Banking of Phoenix Capital Resources, was quoted in a September 12, 2011 Dow Jones article about the pace of bankruptcy filings. The article titled “U.S. Corporate Bankruptcy Filing Pace Falls 4.5% in August” speaks to the unease felt by all due to economic uncertainty. Cook predicted that we may see more retail bankruptcies on the heels of the Borders liquidation.
Phoenix Quoted on Bankruptcies by Dow Jones
September 20, 2011