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The banks who agreed to lend so much debt that they were barely able to make payments get off relatively free in these cases. There are plenty of instances wher
by chrisgd 7y ago
The banks who agreed to lend so much debt that they were barely able to make payments get off relatively free in these cases. There are plenty of instances where PE levers up and the companies do well but we don’t discuss those. Plus PE makes way more growth oriented investments then LBO type investments because there are more smaller companies than larger ones.