The Wall Street bankers who feast during recessions say there's a 'smell in the air' and it's starti

The global economy is growing and corporate defaults are low and projected to drop even further. Yet the Wall Street investment bankers who feast during recessions are optimistic about their business, and some say it's starting to feel like it did just before the financial crisis. Top restructuring firms have been filling out their rosters of talent to be prepared in case of an economic recession. Restructuring bankers told Business Insider that a massive amount high-yield debt issued in...