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REAL CLEAR POLITICS..... polls and tracking!
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<blockquote data-quote="bbsam" data-source="post: 1047942" data-attributes="member: 22662"><p>So here comes the kicker. Who besides the federal government was going to loan the money? The link talks about government guarantees. Does that mean a private equity firm gets to take profits with no risk? Because in 09the nobody was willing to loan the money, were they? I mean a company like Bain had everyting to lose. It was the government in an attempt to save the industry that had something to gain. By definition, private equity would be only about the profit, not about the industry.</p></blockquote><p></p>
[QUOTE="bbsam, post: 1047942, member: 22662"] So here comes the kicker. Who besides the federal government was going to loan the money? The link talks about government guarantees. Does that mean a private equity firm gets to take profits with no risk? Because in 09the nobody was willing to loan the money, were they? I mean a company like Bain had everyting to lose. It was the government in an attempt to save the industry that had something to gain. By definition, private equity would be only about the profit, not about the industry. [/QUOTE]
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