300 Billion Hangover For Banks, And these guys are professionals?
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300 Billion Hangover For Banks, And these guys are professionals?| jofortruth |
Posted: Aug 25 2007, 10:34 AM
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Administrator  Group: Admin Posts: 31,467 Member No.: 1 Joined: 1-May 07  |
The Bottom Line: Banks and investment banks gave private-equity firms low rates on LBO deals that hadn't closed. Now they -- and their shareholders -- may be stuck with this poorly priced debt.  |
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