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The resulting illusion of profitability sustained the stock price, making more questionable deals possible.
They collected millions for helping to arrange the takeovers and for selling the bonds that made those deals possible.
Technology of the sort that OMX sells to many financial exchanges around the world is making such complex deals possible.
"We have 7,000 different suppliers that we've negotiated the best deals possible with for our members around the world," Mr. Lawrence said.
FINANCIAL TIMES Hostile Mining Deals Possible | Armed with plenty of cash but few options for new assets, the resource industry could be gearing up for some hostile deals.
While the continued availability of cheap financing makes such deals possible, financiers caution that Dell represents a special case because of the founder's big equity stake.
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But is a peace deal possible?
"All that should matter is that the borrower shops around and gets the best deal possible".
Indeed, Ms. Cohn said, consumers seeking a mortgage should "shop around" for the best deal possible.
The head of Shin Bet called it "the best deal" possible.
Those involved in the negotiations say many factors suddenly aligned to make this deal possible.
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