Remove High Net Worth Individuals Remove Leveraged Buyouts Remove Liabilities
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Transcript: Gretchen Morgenson

The Big Picture

RITHOLTZ: It’s a liability on the books. Aren’t the big firms and the LBOs, the leveraged buyouts, very different than the middle market, smaller private equity firms that provide capital and equity to small companies. MORGENSON: Maybe, but still. MORGENSON: But still, it goes to these people.