Fitch Ratings Service in a revealing June 2010 report said private equity owned companies are improving earnings (and likely avoiding defaults) “mostly as a result of deep cuts to capital expenditures and other operating costs”. http://www.fitchratings.com/dtp/pdf2-10/531910.pdf
Few people realize that the top private equity firms, such as Blackstone Group, Carlyle Group, and Kohlberg Kravis Roberts, have become the nation’s largest employers through the businesses they own.
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Burger King is perfect example of how private equity firms can make money while hurting their business. McDs has gnd serious market share.07:49:37 AM September 03, 2010from web
Rattner in his book also fails to talk much about the gvmt's complete misread of creditors in the Delphi bailout07:47:40 AM September 03, 2010from web
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Fitch says PE cos lift earnings through deep cap ex cuts
Fitch Ratings Service in a revealing June 2010 report said private equity owned companies are improving earnings (and likely avoiding defaults) “mostly as a result of deep cuts to capital expenditures and other operating costs”. http://www.fitchratings.com/dtp/pdf2-10/531910.pdf