Word: robertses
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When Chief Justice John Roberts experienced the second seizure of his life on Monday, he may have become, in medical terms, an epileptic. Doctors classify anyone who has experienced two or more unexplained seizures as having epilepsy, a disorder in which the electrical activity of the brain is interrupted, similar...
Private-Equity players such as Cerberus Capital Management and Kohlberg Kravis Roberts have scored some of the biggest buyouts ever in recent months, including TXU, First Data Corp. and Chrysler. But are these cash-heavy private-equity (PE) firms racing against time? They need to win and ink future deals...
That's one reason some private-equity players are going public, such as Blackstone Group and Fortress Investment Group. Others are resorting to deal jumping--busting in on another firm's deal with a higher bid, as Filmore Capital Partners did to Formation Capital in the Genesis Healthcare takeout. "There...
How much longer can the boom last? "I do think the market has gotten away from itself," said Roberts. "It's inevitable it will slow down, and there will be some reversals." Banks and law firms have been quietly beefing up their distressed-trading desks over the past six months...
Pop quiz for all you global-warming experts: After China and the U.S., which country emits the greatest quantity of greenhouse gases per year? Answer high-tech Japan or industrial Germany, and you flunk. A holographic Al Gore will be beamed over to give you remedial lessons. It's rural...