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US Government Shutdown = More Contaminated Food?

October 10, 2013

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Having spent some of the last week in London (between deposition prep sessions) talking to people about the US (and, yes, with apologies to my partner and friend Mike Bono I did use apocalyptic political language), one question that has come up is -- what effect does the shutdown (we'll leave the debt ceiling discussion for a later post) have on the business I underwrite? Well, at least for the product recall market, it appears that the answer is -- "significant." A <a href="">chicken related salmonella outbreak</a> has arisen in California and, it appears that, even if the release of contaminated product is not the result of a lack of government funding, the government's inability to respond may be.
For more information about this post, please contact Bob Cosgrove at

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