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End of “Dumb Money” Era for Private Equity

Posted By Barry Ritholtz On May 2, 2009 @ 8:15 am In Finance,Video | Comments Disabled

Dan Gross:

“Nine of the 10 biggest leveraged buyouts were done between 2006-2007. They bought into cyclical industries right at the peak and loaded a ton of debt on them, which is not a winning proposition.”

May 01, 2009

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