Loan and bond volumes dropped in 2008 to lows last seen at the height of the dot-com bust in 2000. Dealogic figures show that syndicated loan volumes dropped 44%, while bond volumes slid 29%. During the past year, U.S. banks went through significant changes, including bankruptcy, rescues and mergers. The year also included establishment of government-guaranteed bank debt, an asset class that has had significant effect on markets.
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