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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: bruiser98 who wrote (8307)3/8/2008 8:45:55 PM
From: wildandwonderful  Respond to of 50418
 
<<The blowup is a rare set-back for Carlyle founder David Rubenstein, who created the fund and tapped public markets for $300 million as part of efforts to expand his Washington-based firm beyond LBOs. Though not obligated, Carlyle Group has extended $150 million in credit to Carlyle Capital since August. It hasn't said how much of that has been used >>

Carlyle,Cereberus,Centerbridge these private equities thought they could walk on water. They are arrogant and rude and am glad market brought them down to earth.



To: bruiser98 who wrote (8307)3/8/2008 10:09:04 PM
From: bullbud  Respond to of 50418
 
At least that's what they claim. Every one of these operations starts off saying "our exposure is minimal." Then WHAMMO! Next quarter the truth comes out.