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May 20, 2008
Message to Private Equity: Rescue US Please
Private equity buy-out firms have also had an unfavorable press. According to critics: They buy at dear, distress prices, hurt business constituencies when they restructure operations, flip the business, and suck all the money out of a going business. And, the private equity managers do not pay their own investors will for the risks they take.
Now private equity is on the side-lines, with cash, waiting for buying opportunities have the markets stabilize. And we want and hope they will get back in -- we need the cash in capital starved businesses. Where are the critics?
May 20, 2008 in Government and Business | Permalink
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