Tight Credit Could Stall Buyout Boom
Crunch Complicates Some Pending Deals
Washington Post Staff Writers
Sunday, August 12, 2007; Page A01
That ‘complex relationship’ is called a bubble. Let’s not lose our perspective, Mr. Cho, and get all sweaty about what these massive acquisitions ‘have depended upon.’ When buyouts are fueled by cheap money, they lose all relationship to core value and–thank god–that’s what the market is presently saving us from.