Our friends at sister Dow Jones publication Private Equity Analyst asked a number of people in the private-equity industry what they make of the debt crisis and its likely effect on the business. Here’s a sampling of those responses: Buyout Robert S. Morris, managing partner, Olympus Partners If the current drama does not end with there being only one U.S. bank, one U.S. auto manufacturer and one U.S. insurance company, each of which report to government-appointed Soviets to make operating decisions, then buyout opportunities will continue to appear. Private ownership continues to demonstrate itself to be the superior method for nursing the future of companies while looking after shareholder interests. The outside board of luminaries that advised A Man in Fuld at Lehman, the Merrill Lynch team and the team at AIG failed to...
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