6.24.2010

Only on Wall Street indeed

Only on Wall Street, in the rarefied realm of buyout moguls, could you actually have too much money.

Private equity firms, where corporate takeovers are planned and plotted, today sit atop an estimated $500 billion. But the deal makers are desperate to find deals worth doing, and the clock is ticking.

Story: Private Equity Firms Have Billions and Nowhere to Spend It - NYTimes.com


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