Deloitte: Turnarounds and Democracy Don't Mix

April 29 (Bloomberg Law) -- William Snyder, co-head of the corporate restructuring group at Deloitte, talks with Bloomberg Law's Lee Pacchia about a new survey his group conducted on executive management during corporate turnarounds or bankruptcies. Deloitte asked 1200 professionals from a wide range of industries on the dynamics of addressing change in turnaround management. The vast majority of respondents stressed the importance of communicating with vendors, lenders and employees when a company experiences difficulties. Snyder agrees with the results, reasoning that communication in a crisis is a fundamental part of working to a solution. "It's the red thread that goes throughout the entire restructuring," he says.

The World Is Not Levered to the New China: UBS
55:57 - Bhanu Baweja, global head of emerging market cross asset strategy at UBS, discusses the 25th anniversary of the Shanghai Stock Exchange and the outlook for China's economy and emerging markets. He speaks to Bloomberg's Anna Edwards and Guy Johnson on "Countdown." (Source: Bloomberg)
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