Thompson & Knight attorney Chris Schaeper says worldwide credit crisis affecting even the fiscally strong.
The U.S. and other countries may be pouring funds into the worldwide financial system, but so far the credit markets remain jammed. As a result, routine transactions that

companies rely upon in the course of daily business have stalled during the meltdown. Schaeper says even companies with the soundest balance sheets are facing a double whammy trying to get financing: deals are getting extra scrutiny, and there are simply fewer financial intermediaries willing to facilitate those deals in this climate. The bright side, Schaeper says, is that it's now a buyer's market for those with the capital available for a shopping spree. To interview Mr. Schaeper, contact Barry Pound at 800-559-4534 or barry@androvett.com.