Word: seen
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Dates: during 2000-2009
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...predict that private equity will go through a shakeout similar to what we've seen in the housing market. How does that analogy work? Private-equity firms used the same cheap credit that caused the housing bubble to buy companies. There are about 100 of these firms - KKR, Blackstone and Carlyle are some of the bigger ones - and they buy a company the same way we would buy a house. Put down about 20% and borrow about 80%. The big difference is, the company they're buying borrows the 80%, so they're the ones responsible for repayment. These loans...
...haven't we seen more evidence of this yet? I think the media hasn't put it together, but it actually is starting. The default rate for the past 12 months is roughly 12% - that's very high. Half of those companies that have defaulted, according to Standard & Poor's, had some type of private-equity involvement in their corporate life. A lot of those are PE-owned companies, ranging from Chrysler to the Tribune Company to Simmons Bedding. We've already seen the tip of the iceberg...
...last six years, we’ve seen a one-hundred percent increase in the number of people bicycling,” said Clippinger. “We’re seeing increased MBTA ridership at T-stations that serve Cambridge...
...have never seen this many people this drunk, this early in the morning,” Steven W. Talbot ’13 said...
...with the protesters, says Wen Yunchao, a blogger who was at the scene. "The protest has been organized and peaceful," he said. When asked by officials to select five representatives to negotiate their demands, the crowd began to chant, "We don't want to be represented," said Wen. People seen as protest leaders are often targeted for future punishment...