online.wsj.com - 10/31/2009
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In the early days of the credit crisis, a few of us on Wall Street and in the media, myself included, worried that the imminent blow to the markets and economy would come, not from mortgage-related debt, but corporate debt, specifically the debt used to finance the private-equity buyout boom. We ...
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Weekend Linky Dinks
UpsideTrader —
... week, I wait with bated breath to see how many jobs we saved this time. Have a great weekend with your families and enjoy the links. The last days at WAMU . The pay czar is unconstitutional. Omar Bin Laden on his Dad. Were you saved or created ? Christine Romer should be baking with Paula Dean. Clunkers: Taxpayers paid 24k per car 1900 pages of complete nonsense . Is big oil on its way back? Bereaving Las Vegas . Is Private Equity next to fall? Top 10 Wall St. Halloween costumes . Krauthammer ...
Will private equity take down the economy?
BloggingStocks —
... Over the past decade we seen at least $1 trillion dollars spent by private equity firms. These firms have taken over companies for a pittance and then pillaged them by slashing employees and cutting costs. They then used the money to pay down debt rather than rebuilding the company. ...
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ALONG with the rest of the finance industry, the private-equity business has endured a miserable couple of years. Congress continues to plan heavier taxation of its profits, even though they ...
From Financial Crisis to Debt Crisis?
koreatimes.co.kr 9/3/2009 — By Kenneth Rogoff CAMBRIDGE â Everyone from the Queen of England to laid-off Detroit autoworkers wants to know why more experts did not see the financial crisis coming. It is an awkward question. How can policymakers be so certain that financial ...
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