RT Journal Article SR Electronic T1 Roundtable JF Turnaround Management FD Institutional Investor Journals SP 130 OP 133 VO 2003 IS 1 A1 Tony Alvarez A1 Antonio Alvarez III A1 Joe Bondi A1 Guy Sansone A1 Peter Cheston A1 Doug Rosefsky A1 Jim Fogarty A1 David Coles A1 Rebecca Baker YR 2003 UL http://guides.pm-research.com/content/2003/1/130.abstract AB The prolonged downturn in the U.S. economy has produced new challenges for turnaround firms. No longer has it been possible to “wait out the cycle” while speeding up cash flows to make it through to better times. We remain at the bottom of a cycle that may last several more years. This panel discussion covers the implications for turnaround firms of this long-lasting portion of the business cycle. Emphasis is placed on operational issues, the effects of deregulation, and, especially, the cash cycle.