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October 5, 2009
Flip This House: PE Edition
It's post-bust stories like that of Simmons in today's NY Times that really make one want to rethink how we do things. The CEO walks away from this bankrupt private equity invested company with $40 million in cash, while employees lose their jobs and retirees can't even get the only retirement perk the company apparently offered - a mattress.
-bjmq
October 5, 2009 in Private Equity | Permalink
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