Here sat the lenders. There sat the private-equity executive.
And if they shared a common message at a morning panel of the joint Hellenic-American/Norwegian-American shipping conference it was something like this: “Fresh money? Don’t count on it.”
The tone of the financial panel at the annual Manhattan forum was quite nearly as dire and glum as the a preceding dry-bulk session, which is saying something.
Moderator Larry Rutkowski, partner in the New York law firm Seward & Kissel, put the questions directly.
“Are