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Friday, Oct 12
2012, 6:37 PM
Elected officials must come to grips with spending and debt that could eventually crush the U.S....
Elected officials must come to grips with spending and debt that could eventually crush the U.S. economy, says Carlyle Group co-founder David Rubenstein. That being said, the policy uncertainty we're faced with today isn't necessarily a bad thing for his ilk. “The uncertainty that might exist now is a good thing for certain types of private equity investments,” he adds. “You make most of your money when you’re doing things in an uncertain environment.”