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Polite Conversation; The doomsayers came out, offering different takes on the future of private equity.

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

Article Excerpt
"The men and women who sit on the credit committees of the bank and non-bank lending institutions are staring into the abyss, and it is going to be a long time before they're financing cash flow at four, five or six times. The 'L' in LBO is dead. But now we get to see how good people are at generating returns through fixing and...

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