Despite media and political hysteria over the ongoing "credit crunch", it would seem that well run and well regarded companies are still able to raise money.
The Guardian reports that Rio Tinto has raised a record £20BN to fund its acquisition of Alcan, despite the turmoil in the credit market.
It would seem that the market is reassessing the true worth of companies and financial products, rather than collapsing in the panic that the media might have people believe.
There will be a bloody outcome for those companies assessed to be bad risks, and for those that rashly took on high risk investments. As always it is the fundamentals that are the key to a successful investment, not market hype.