By now everyone knows that reckless and even predatory mortgage lending provoked the financial meltdown. But bad lending did not stop there. The easy money also fed a corporate buyout binge, with private equity firms borrowing huge sums to buy up public companies and pay themselves big dividends. Full Story »
Posted by Kaizar Campwala
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I've heard similar warnings about hedge funds. However, this lays out the facts and reasons for a pretty compelling argument.
Relatively straightforward analysis without comment. A valuable heads up to one of the many big shoes about to drop.
Relatively straightforward analysis without comment. A valuable heads up to one of the many big shoes about to drop. See Links. ... More »
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