Entries in Wall Street Journal (2)
Labor Leader, Buyout Kings Speak the Same Language
FROM THE WALL STREET JOURNAL
If you believe private equity is the source of evil in today's economy, you can find support on a new Web site, BehindtheBuyouts.org. In one convenient place, there's a trove of facts, half-facts and arguments designed to trash the buyout kings.
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House Hearing Airs Concerns About Private-Equity Buyouts
FROM THE WALL STREET JOURNAL
Private-equity deals such as the $7.4 billion acquisition of DaimlerChrysler AG's Chrysler Group by Cerberus Capital Management L.P. came under scrutiny at a House Financial Services Committee hearing Wednesday, with Democrats suggesting Congress may need to step in while Republicans called for a hands-off approach.
House Financial Services Committee Chairman Barney Frank (D., Mass.), expressed concern that employees may be left worse off when public companies are taken private, even ...
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