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Private Equity

Financial Regulatory Reform's Impact on Private Equity

Leslie Pratch, Ph.D. | Posted 12.14.2009 | Business

Read More: Sarbanes-Oxley Act, Obama Administration, Sec, Private Equity, Financial Regulation, Supreme Court, Constitutionality, Financial Reform, Timothy Geithner Treasury Secretary, Sonya Sotomaryor, Business News
Leslie Pratch, Ph.D.

The Obama administration proposed a restructuring of the federal government's supervision of the financial industry. Geithner announced several proposals that would affect public companies, private equity funds and venture capital funds.

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Marcus Baram

The Next Credit Crisis Will Involve Private Equity, Says Author Josh Kosman

HuffingtonPost.com | Marcus Baram | Posted 11.30.2009 | Business

Read More: Next Credit Crisis, Buyout of America, Mitt Romney, Private Equity, Josh Krosman, Private Equity Crisis, Romney Bain Capital, Business News

As the nation struggles to endure the financial crisis -- with rising foreclosures and increased unemployment threatening to prolong the devastation -...

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Wall Street's War Against the Real Economy and We, the People

Dave Johnson | Posted 11.04.2009 | Business

Read More: Manufacturing, Wall Street, Private Equity, Costco, Business News
Dave Johnson

For decades the real economy has been "financialized" by the Wall Street types -- sold off piece by piece, providing short term profits for a very few.

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Caught In a Machine that Grinds Us Up

Dave Johnson | Posted 10.21.2009 | Business

Read More: Buyouts, Private Equity, Seiu, Business News
Dave Johnson

This is the buyout game and it is part of the story of what has happened to our economy, our jobs, our communities and our country.

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Companies As Buy-And-Sell Commodities - Workers, Customers and Country As Costs

Dave Johnson | Posted 10.21.2009 | Business

Read More: Private Equity, Wall Street, Business News
Dave Johnson

This post originally appeared at Campaign for America's Future (CAF) at their Blog for OurFuture as part of the Making It In America project. I am a ...

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"Anything Goes" Capitalism Destroys Companies and Workers' Lives

Leo W. Gerard | Posted 10.07.2009 | Business

Read More: Simmons Mattress, Private Equity Firm, Private Equity, Scott A. Schoen, Eleanor Roosevelt, Usw, United Steelworkers, Anything Goes, John D. Rockefeller Jr., Standard & Poor’s, Fdr, Cole Porter, Max Gordon, Franklin D. Roosevelt, Simmons, Noble Rogers, New York Times, 1929 Crash, Stock Market, Thomas H. Lee Partners, Rober Hellyer, Business News
Leo W. Gerard

Anything Goes capitalism workers' lives, but it sure does work for the private equity firms. They made around $750 million in profits from the now-indebted and bankrupt Simmons.

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Something to Sleep On

Russ Baker | Posted 10.06.2009 | Business

Read More: NYU Medical Center, William J. Clinton Foundation, Bankruptcy, Harvard University, New York Times, Leveraged Buyouts, Democratic Party, Forbes, Private Equity, Thomas H. Lee Partners, Barack Obama, Charities, Simmons, Business News
Russ Baker

It's worthwhile to have a further look at some of the players cited briefly in the Times article about the Simmons mattress company, so here is a bit more on the private equity kingpin Thomas H. Lee.

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Simmons' Bankruptcy Means Big Profits For Buyout Firms

nytimes.com | JULIE CRESWELL | Posted 10.05.2009 | Business

Read More: Simmons Bedding Company, Robert Hellyer, Subprime Mortgages, Thomas H. Lee Partners, Private Equity, Recession, Business News

Simmons says it will soon file for bankruptcy protection, as part of an agreement by its current owners to sell the company -- the seventh time it has...

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Ecopreneur: An Innovative Way to Attract Investors in a Recession

Kristin Boekhoff | Posted 11.24.2009 | Business

Read More: Socially Responsible Investments, Investing, Investments, Social Entrepreneurship, Finance, Green Businesses, Bangladesh, Green News, Green, Women Entrepreneurs, Travel, Entrepreneurship, Private Equity, Entrepreneur, Investors, Business News
Kristin Boekhoff

I don't have to convince the Bangladeshis of the potential of their country. They are keen to change the world's negative perception of Bangladesh; a high-profile, luxury eco resort could do just that.

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Feeding the Ducks on Wall Street

Michael J. Panzner | Posted 11.16.2009 | Business

Read More: Insider Trading, Economic Recovery, Wall Street, Private Equity, Economy, Stock Market, Business News
Michael J. Panzner

Many of those at Main Street's front lines are following the old Wall Street dictum: When the ducks are quacking, feed them.

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Treasury Nominee Jeffrey Goldstein Has Million-Dollar Ties To Private Equity Industry

bloomberg.com | Robert Schmidt | Posted 10.20.2009 | Business

Read More: Hellman, Jeffrey Goldstein, Private Equity, Business News

Sept. 4 (Bloomberg) -- Jeffrey Goldstein, the private- equity executive nominated to be Treasury undersecretary, is obligated to pay at least $10.5 mi...

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1,000 Banks Could Fail In Next Two Years: John Kanas (VIDEO)

Posted 09.28.2009 | Business

Read More: Bank Failure, Banks, John Kanas, Fdic, WL Ross, Private Equity, Bankunited, Blackstone Group, Business News

Up to 1,000 banks could fail in the next two years, private equity chief John Kanas told CNBC in a recent appearance. Kanas' high-powered private equi...

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FDIC Softens Its Proposed Rules For Buying Banks

The Huffington Post Investigative Fund | Ben Protess | Posted 09.27.2009 | Business

Read More: Fdic, Banks, Sheila Bair, Private Equity, Business News

As expected, the board of the Federal Deposit Insurance Corp. has approved controversial rules that will govern how risk-taking private equity firms c...

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Cash-Strapped FDIC Turns To Private Equity Firms To Buy Struggling Banks

nytimes.com | ERIC DASH | Posted 09.21.2009 | Business

Read More: Bank Failure, Fdic, Guarnty Bank, Federal Deposit Insurance Corp, Bank, Sheila Bair, Private Equity, Business News

Faced with a growing wave of bank failures, the Federal Deposit Insurance Corporation is taking extraordinary steps to attract buyers for troubled ins...

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Pension Plans' Private-Equity Cash Depleted As Profits Shrink

Bloomberg | Jason Kelly and Jonathan Keehner | Posted 09.20.2009 | Business

Read More: Personal Finance, Private Equity, Economy, Us Pensions, Business News

U.S. pension funds contributed to the record $1.2 trillion that private-equity firms raised this decade. Three of the biggest investors, state pension...

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Michael Jackson, Grateful Dead Royalties A New Boon For Private Equity

bloomberg.com | Adam Satariano | Posted 09.03.2009 | Business

Read More: Michael Jackson, Michael Jackson Catalouge, The Sound of Music, Private Equity, Kkr, Grateful Dead, Business News

Aug. 3 (Bloomberg) -- Michael Jackson, the Grateful Dead and "The Sound of Music" are finding new fans in pension funds, private equity and banks conv...

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Stella D'Oro Workers Fight Equity Fund's Plant Shutdown, Attack on Middle-Class Jobs

Art Levine | Posted 08.15.2009 | Business

Read More: Private Equity, Afl-Cio, Stella D'Oro Strike, Work Strike, Unions, Middle Class, Business News
Art Levine

"The strike marks an important turning point in the fight against the lowball tactics of private-equity firms determined to destroy unions to boost their own profits."

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A Fashion Foreign Policy

Michael Likosky | Posted 08.12.2009 | Business

Read More: Auto Industry, Sporting Goods, Vivienne Westwood, Punk Rock, How Luxury Lost Its Luster, Bailouts, President Obama, Target, Globalization, California, Paris, Bernard Arnault, Luxury, Fashion Foreign Policy, Foreign Commercial Policy, Guilds, Trade Agreements, Rules of Origin, What Not to Wear, Export-Import Bank, Bailing Out Luxury, Carla Behrle, Loomstate, Private Equity, Artisans, America's Next Model, Nafta, Jennie Livingston, Outsourcing, Labor, Paris Is Burning, Worker Rights, Overseas Private Investment Corporation, LVMH Moet Hennessy, Dana Thomas, Culture Industry, Wto, Business News
Michael Likosky

To protect American workers, in the luxury sector and elsewhere, our government trade negotiators should revisit outsourcing rules.

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The Boston Consulting Group Caused the Recession

Charles H. Green | Posted 08.12.2009 | Business

Read More: Consulting, Mba, Strategy, Trust, Metrics, Private Equity, Goldman Sachs, Merrill Lynch, Mortgages, Joe the Plumber, Bear Stearns, Bcg, Wall Street, Business News
Charles H. Green

This ideology didn't just happen. It was four decades in the making. Sachs and Stanley refined it; private equity and financial engineers distilled it; Merril, Stearns and Joe the Plumber got drunk on it.

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3 More Banks Fail As FDIC Mulls Rules For Private Equity Sales

AP | Stephen Manning and David Pitt, AP Business Writers | Posted 08.02.2009 | Business

Read More: First State Bank, Private Equity Council, Private Equity, Sheila Bair, Federal Deposit Insurance Corp, Rock River Bank, John Warner Bank, Illinois Bank Closures, Illinois Bank Failures, Illinois Banks, Business News

WASHINGTON (AP) -- Three Illinois banks were shuttered Thursday as government regulators proposed new rules for private equity firms seeking to take o...

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Cuomo and Carlyle: Who Wins?

Michael Wolff | Posted 06.15.2009 | Business

Read More: Michael Wolff, Andrew Cuomo, Private Equity, Recession, Carlyle Group, New York-New York, Business News
Michael Wolff

What happens now to that sort of rapacious desire and to those kind of Sammy Glick personalities in this new, earnest, cautionary, and reform-minded, age?

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Raiders of the Rubber Chicken Circuit

Norb Vonnegut | Posted 05.20.2009 | Business

Read More: Ponzi Scheme, Financial Scandal, Bernard Madoff, Danny Pang, Danny-Pang, Private Equity, Wall Street Journal, Business News
Norb Vonnegut

We find similarities every time a new Ponzi scheme is uncovered. I would suggest another example of recurring behavior: Philanthropy.

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Obama Tax Plan: Hedge Funders Could Pay $24 Billion More

Bloomberg | Jason Kelly and Katherine Burton | Posted 03.29.2009 | Business

Read More: Taxes, Barack Obama Taxes, Buyout-Firms, Venture Capital, Private Equity, Hedge Funds, Hedge Fund Taxes, Hedge Fund Managers, Business News

Feb. 26 (Bloomberg) -- Executives at buyout, venture-capital and hedge-fund firms will pay an estimated $24 billion more in taxes over nine years if P...

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GM's Hummer Sale Draws Interest From China, Private Equity: Report

Bloomberg | Jeff Green, Alan Ohnsman and Zachary R. Mider | Posted 03.15.2009 | Business

Read More: GM Hummer, Hummer Sale, Hummer Private Equity, China, Gm, General Motors, Hummer, Private Equity, China Hummer, Business News

Feb. 12 (Bloomberg) -- General Motors Corp., planning asset sales to keep $13.4 billion in U.S. loans, has attracted interest in its Hummer brand of ...

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IndyMac Sale Near: Deal To Sell Failed Bank To Private Equity Firms

New York Times | Zachery Kouwe | Posted 01.29.2009 | Business

Read More: Indymac, IndyMac Sale, IndyMac Private Equity, Private Equity, IndyMac Sold, Business News

IndyMac Bancorp, one of the largest banks to fail as a result of the subprime mortgage crisis, is close to being sold to a consortium of private equit...

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