From the WSJ (http://www.wsj.com/articles/beyond-the-oil-industry-bloodbath-1456336562):
“Night is darkest before dawn, said Joe Kaeser, CEO of Siemens AG. His remarks captured the Darwinian mood. To survive a bear attack, one needn’t outrun the bear, just out-sprint another person running for his life, Mr. Kaeser joked.”
There is more:
“More are soon to follow, shale pioneer Mark Papa, the former CEO of EOG Resources Inc. and now a partner at energy-focused private-equity firm Riverstone Holdings LLC, told attendees. There will be “a lot of bodies, a lot of bankruptcies,” said Mr. Papa.”
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