Warburg's Frederick Peters blogs, "In the last two weeks, Warburg agents have put together 22 deals. Now, we are not the biggest company in Manhattan and we had two week periods in 2006 and 2007 in which we put together more deals than that. Still, compared to the two or three deals a week we were assembling back in January (half of which never made it to contract) this is an extraordinary number." Let's not get too giddy, though, friends. Concludes Peters, "We are not looking for a V-shaped recovery. A nice slow U will suit us fine." [Warburg Blog]
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