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  • News of more job losses cast a shadow over the Asian capital markets this week.
  • With Asian loans struggling through syndication across the board, isn’t it surprising to hear of two high risk, leveraged deals about to come to market?
  • What a difference a week makes. Seven days ago my banker chums were fearing for their jobs; now they are back cracking jokes.
  • League tables are fascinating creatures. The mysterious beasts have kept many a banker awake at night, wondering just how they will ever manage to conquer the competition and claim their rightful spot at the top of the pack.
  • It’s difficult not to feel sorry for the staff of JP Morgan’s latest acquisition. Bear Stearns’ near-bankruptcy and sudden sale last weekend was as shocking a destruction of value as I’ve ever seen, and the fallout will be no better.
  • Another week, another record. Even my usually high-spirited comrades in Asia’s debt capital markets were finding it tough to see the bright side of things this week. It’s hard not to get carried away in self-pity as the iTraxx indices hit yet another record wide — something that happened on two separate occasions this week.