This inevitable wave of privatization will bring with it the added benefit of unleashing a corresponding wave of restructuring in what has become a grossly inefficient and bloated economy.
There has also been a round of actual and attempted mergers and alliances, and a wave of restructuring, in a bid to improve efficiency.
A1 Germany Approves Tax Plan Germany's left-of-center Parliament passed a radical tax program that will slash rates and should also unleash a wave of restructuring.
The Norwegians' spending on research and development is higher, too.As big oil companies freeze capital spending and mull an accelerated withdrawal from the North Sea, a wave of restructuring and dealmaking is looming.
The deal unites BlackRock's expertise in fixed income with BGI's renown in index tracking, notably through its retail arm, iShares.The $13 billion purchase is the banner deal of the latest wave of restructuring in fund management.
Spain has been bolder, creating a €99 billion bank rescue fund, which is expected to lead to a wave of restructuring, alliances and bailouts after the country's housing bubble burst.
The decline is likely an indication that even with a modest rise in the salary cap this year, most teams – many of which have gone on a wave of restructuring contracts in recent days to create cap space — found it too expensive to use the tag on any but the most critical players.
There followed, then, the greatest wave of restructuring, reorganizing, reengineering and writeoffs seen in the U.S. since the Depression.
Dell announced earnings after the close that beat expectations, and said it would lay off 10% of its global workforce, about 8,800 employees, in a wave of restructuring over the next year.
Those two decades were ripe for investment houses like Kohlberg Kravis & Roberts and Drexel Burnham Lambert to capitalize on leveraged buyouts, which set the stage for a wave of restructuring in the final decades of the 20th century.
