Edited by Traderlex, 30 October 2008 - 04:44 PM.
Next Shoe to Drop?
Started by
Traderlex
, Oct 30 2008 04:39 PM
No replies to this topic
#1
Traderlex
-
- Traders-Talk User
- 104 posts
Member
Posted 30 October 2008 - 04:39 PM
Ex: A Good Deal was Hilton which was done at 14 X cash flow and valuations today are 4 or 5 X cash flow and the industry cash flows are down 30%.
Equity holders to be wiped out.
Many small universities in Private Equity deals can't meet capital calls.
"To be a money master, you must first be a self-master." J. P. Morgan
