Word: henwood
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Dates: during 1989-1989
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...League schools are deeply involved in putting money in buyouts," says Doug Henwood, publisher of the Left Business Observer. "They're all desperate for the money available...
...Doug Henwood, publisher of the Left Business Observer,says "LBOs sort of made economic sense in the early '70s and '80s when they were small [transactions]." But "they no longer make sense because I don't see how we can finance the debt," he adds...
...Henwood says he thinks that if the economy went into a recession, those economic conditions combined with rising interest rates would throw as many as 10 percent of U.S. companies out of business if the LBOs continued...
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