Monday, November 30, 2009
Btw 2011 and 2014, almost half a trillion dollars in leverage buyout debt will mature.The Next Credit Crisis Will Involve Private Equity companies, which bought over 3,000 companies this decade by forcing them to take on enormous amounts of debt. Private equity firms used the same cheap credit that fueled the subprime mortgage crisis and that debt is coming due in the next few years.
