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Economy and General Discussion
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Re: Credit Market Sea Change?
Posted by: room305
Date: 07/01/2007 08:55AM
Don't forget that private equity is now a political issue. Certainly in the UK, Ireland and all over mainland Europe, unions are beating drums about how private equity leads to job losses. Given the cosy relationships generally enjoyed between banks and governments, a relationship they won't be keen to disturb, this may further dissuade them from financing LBOs.
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