<p>“a slower economy would result in fewer deals, right”</p>
<p>Bingo. That and a lack of access to new capital. How long will it take the big overseas investors to get over this debacle? A year, two years? More? I’d start at over two years and go from there. Fewer deals = fewer fees=fewer bankers. The fallout has not yet begun to hit. 20%, 30%, 50%–who knows right now. We have already gone past the 10% mark.</p>