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Forces of opportunity and failure at play amid oil bust

Signs of trouble have brought out Wall Street's bottom feeders. Distressed debt is an investment opportunity

A cutback in drilling is expected to affect communities across the US. The boom created at least 200,000 jobs at oil and gas companies over the last five years.

New York

AMERICAN history is littered with oil busts that created big winners and losers.

Now, as the cracks appear in the latest energy boom, the forces of failure and opportunity are stirring again. Resolute Energy, a Colorado company that borrowed big in the boom, is among those...

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