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
Published: October 5, 2009
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

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