The January bankruptcy of Caesars Entertainment means three of the five biggest leveraged buyouts of all time have resulted in bankruptcies. Besides Caesars, Energy Future Holdings (formerly TXU), filed for bankruptcy last April, and much of what RJR Nabisco became, World Kitchen, in 2002 filed for bankruptcy.
Posted inPrivate Equity Updates
Three of Five Biggest LBOS went bust
I truly believe that the information about Romney/Bain Capital and the companies that he helped starve/destroy (as well as the jobs lost ) should be a major campaign issue. Every other Republican candidate should be presented with the information and their feet should be held to the fire if they do not use the info. Smugness is not a virtue and Romney keeps “suggesting” how much business experience he has. This is not the kind of of business person we need leading this country.
I am not affiliated with any of the other presidential candidates and would really appreciate any info you wish to share directly. Really enjoyed the “Buyout” even though it kept me awake many nights.
RIYADH: In developing countries like Pakistan where capital markets do not have much depth (liquidity), encouraging private equity investment plays an important part in ensuring that capital is available where it is required, and hence it is big propeller for economic growth.