Half a Trillion Dollars and Nowhere to Spend It

By Alp Arslan,  Newser User
Posted Jun 24, 2010 7:25 AM CDT Posted Jun 24, 2010 7:25 AM CDT
Promoted on Newser Jun 24, 2010 10:10 AM CDT
Half a Trillion Dollars and No Where To Spend It
   (AP)

Seems the titans of Wall Street, and here we mean the private equity buyout shops including Warburg Pincus, Carlyle, TPG, and KKR, have amassed $500 billion to buy companies. Their problem? Not enough to buy and rising prices for what is out there. Plus it's a lot harder to leverage deals with debt in a post-bank-meltdown world. Read the full article. (More private equity stories.)

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