In Good Times and in Bad
The U.S. economy has been on a tear in recent years, so one can be forgiven for thinking that restructuring teams across Wall Street have been sitting by idly, waiting for the inevitable bankruptcy wave. That's not how it works, of course, and surely isn't the case within Goldman Sachs' U.S. restructuring group, headed jointly by James Sprayregen and Dhruv Narain. Mergers & Acquisitions' sister publication IDD recently had the opportunity to chat at length with the highly regarded co-heads. The following is an abridged version of that conversation.