There are two views out there about private equity and the better-positioned hedge funds. One view says they are loaded with cash and are out there lurking sitting on it, waiting to buy up 'distressed assets' of all sorts, all over Europe, UK, US, and even (now yet again) Asia.
The other view though is they are the next overleveraged dominoes to fall. Perhaps they are both. It seems sitting on cash often means sitting on some cash with tens of billions of dollars of debt coming due the next quarter. CJ _______________________________________________ Marxism-Thaxis mailing list [email protected] To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis
