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Last week Tom and I attended the Northwest Financing Forum in Seattle hosted by ACG. The conference was a sellout well in advance and as you walked into the event the signs read `No walkup accepted. Event soldout'. Well, given the two weeks prior to the event and tightening credit market, as one attendee remarked "this isn't the event I signed up for". There were a number of attendees, yet plenty of empty seats at lunch. The excitement that we have seen at financing events with good deals to chase and plenty of flexibility to do it with was absent. The mood was sort of a `nervous laugh' when you talked about the markets and the direction they are headed. The highlight was the incredible turnaround story of Brooks (the shoe company) as its CEO told the true success story of how a company reinvented itself. Yes, I am going to go out and buy a pair of Brooks shoes. By the way, if you haven't seen it check out the `What is Life?' ad on their website. It has absolutely nothing to do with valuation but is cool.

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Posted by Brett Suchor at 09:38 PM | Permalink | Comments (0) | TrackBacks (0)