Thomas H Lee Partners

"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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FCC Approves $19M Clear Channel Buyout

AP | Posted 03.28.2008 | Media

Read More: Kevin Martin, Bain Capital Partners, Fcc, Mitt Romney Clear Channel, Thomas H. Lee Partners, Clear Channel, Media News

The Federal Communications Commission has signed off on the $19.5 billion deal that will take the nation's largest radio broadcaster private, an agenc...

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