Very occasional musings of several not-so-recent Harvard grads as they embark on their chosen careers and adjust to no longer being single.
03 February 2005
I haven't researched this at all, of course, but my guess is that a lot of influential banks and financial firms are major debtholders of distressed companies that are subject to asbestos litigation. If asbestos lawsuits get thrown out, those banks stand to make a lot of money.
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