Tuesday's rally marked a turning point, however, with Citigroup's declaration that it was profitable during the first months of 2009 lighting a flash fire under the bulls, which were just looking for an excuse to buy equities at greatly depressed prices.
Investors keep looking for a floor in American equities only to find that the floorboards in overseas markets are rapidly being removed.
A private equity firm looking for a loan from a bank in Brazil might have to pay as much 20 percent interest annually.
She is looking for a cheaper house, but the released equity is disappearing at an alarming rate and interest on it is racking up at an extortionate 8.5%.
"They could buy oil and gas from international markets, but I think they are looking for a bit more security by becoming equity partners at the producers of these assets," said Mr Regan of Tri-Zen.
But new owners could bring all kinds of changes to the company as it transitions from public company to private one, and while they will no longer be under the pressure of those quarterly reports, they could face a different set of pressures from private equity owners looking for a solid return on their investment.
Mr. Yeh, 32, an equities trader, is looking for a two-bedroom apartment in the $1 million to $2 million range.
Raymond reviewed Barbarians go soft Last-chance saloon Profitless prosperity A discreet dynamo Reprints Related items Software: Universal service Apr 20th 2006 Leveraged debt: Going nakedApr 20th 2006Third is the recent availability in India of the huge resources of private-equity firms, looking for a home.
