Summit Notebook

Exclusive outtakes from industry leaders

Audio-Private equity feasting on ‘the imprudence of our lenders’?

April 12, 2007

Quadrangle Group Managing Principal Steven Rattner says he and other private equity fund managers are are benefitting from a credit bubble for which he and cohorts in the private equity area — which has been a prime mover behind the buyout boom of recent years — can thank “the imprudence of our lenders.”

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