Tuesday, October 6, 2009
Oh Big Business, don't you go changing!
This usual suspect story from the New York Times
Profits for Buyout Firms as Company Debt Soared
Private equity firms, former executives and Wall Street investment banks profited as the Simmons Bedding Company fell into bankruptcy, devastating its bondholders and employees.http://www.nytimes.com/2009/10/05/business/economy/05simmons.html