Comments on: The rise and fall of Chris Flowers http://blogs.reuters.com/felix-salmon/2009/09/01/the-rise-and-fall-of-chris-flowers/ A slice of lime in the soda Sun, 19 May 2013 14:44:14 +0000 hourly 1 http://wordpress.org/?v=3.4.2 By: Griff http://blogs.reuters.com/felix-salmon/2009/09/01/the-rise-and-fall-of-chris-flowers/comment-page-1/#comment-6184 Griff Tue, 01 Sep 2009 23:27:52 +0000 http://blogs.reuters.com/felix-salmon/2009/09/01/the-rise-and-fall-of-chris-flowers/#comment-6184 That LBO for SLM was a debacle...easy to say so now, of course. But in April 2007, it was very difficult to determine how additional value could be sucked out by levering on top of a levered consumer finance company. I'd call it standard practice, period. Good for you but I'll be saving my own arse with something else. That LBO for SLM was a debacle…easy to say so now, of course. But in April 2007, it was very difficult to determine how additional value could be sucked out by levering on top of a levered consumer finance company.

I’d call it standard practice, period. Good for you but I’ll be saving my own arse with something else.

]]> By: zach http://blogs.reuters.com/felix-salmon/2009/09/01/the-rise-and-fall-of-chris-flowers/comment-page-1/#comment-6145 zach Tue, 01 Sep 2009 12:47:10 +0000 http://blogs.reuters.com/felix-salmon/2009/09/01/the-rise-and-fall-of-chris-flowers/#comment-6145 Isn't that standard practice at Goldman? Recommend people to one thing then do another? Isn’t that standard practice at Goldman? Recommend people to one thing then do another?

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