Home | Business News | Browse by Publication | M | Mergers & Acquisitions: The Dealmaker's Journal

Beltway Monitor.

Publication: Mergers & Acquisitions: The Dealmaker's Journal
Publication Date: 01-FEB-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Byline: Emily Flitter and Marissa Fajt

Is Tarp alienating private equity? It is another example of government agencies working at cross purposes: Regulatory moves designed to coax private equity money into the banking system are being undercut by the Treasury Department's Troubled Asset Relief Program.

Certainly, some private-equity firms are not raising money as quickly as they once did, and others are skittish after watching others' investments in banks evaporate. But sources said the government itself has become an obstacle by investing some $250 billion in banks.

"The reason why there haven't been a lot of transactions announced so far is, very simply, Tarp," says Wilbur Ross, the billionaire investor and chief executive of the private-equity firm WL Ross & Co. The government has been "spraying money into a lot of banking institutions...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Mergers & Acquisitions: The Dealmaker's Journal
Polite Conversation; The doomsayers came out, offering different takes..., February 01, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.