We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Barbarians are unlikely saviours

22 August 2007 By Richard Beales

Buyout houses have loaded up the banks with $330bn of unsellable buyout debts. Now they want to buy some of it at a big discount. But they can t afford to buy very much. And bankers with bonuses in mind may not want to give the buyout barons a good deal.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)