The corporate spy business thrives
These are good times for firms such as Kroll and Control Risks--the best known of the corporate spies. Fortune notes that they are seeing a huge uptick in demand from "banks, private equity firms, and hedge funds that need to make sure those pesky multimillion-dollar investments they made when times were good will hold up." Let's face it, due diligence is as important as ever, but there's a sense that some lenders may have been a bit lax in the boom times. Now they're bent on knowing what disasters lurk in their portfolios.
For more:
- here's the article
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