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Market Currents

Wednesday, October 14, 2009
9:56 AM TweetThis
  • Blackstone (BX) CEO Steven Schwarzman says he's seeing "more than green shoots" in the economy, and that private equity is in a "radically different place" than a year ago. "We do not expect the U.S. economy to slip back into recession," he said this morning, but weak consumer spending and continued constraints on bank lending could dampen the recovery.

This news story has 1 comment:

  •  
    I hope that the RailAmerica (RA) deal shows BX and the rest of private equity that they may have to temper their expectations for the multiples at which they hope to exit some of their holdings.
    Oct 14 10:01 AM | Link | Reply
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