Sunday, October 11, 2009

More on Private Equity

Yet another horror story about Private Equity Capital. Same story of a famous family run business saddled with unwanted debt in a small town setting. Please READ and COMMENT!!
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3 comments:

  1. NathanielOctober 12, 2009 at 7:26 AM

    A little less poignant because people always need mattresses, but the same doesn't go for yachts

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  2. Dylan StilinOctober 19, 2009 at 9:20 AM

    It's interesting that Rockefeller bought a new yacht just to help keep Hinkley in business shows that the real way to get out of the recession is for people to spend money, because if people spend money there will be jobs, and if there are jobs people will be able to work which would take care of the biggest problem we are having right now with unemployment.

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  3. CholenaOctober 26, 2009 at 11:06 AM

    It's really interesting how private equity buyers put a lot of money into this business thinking that its wealthy clients would continue to buy during the economic crisis.

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