Not only are leveraged buyout firms having a hard time raising money from pension managers and other institutional investors -- Kohlberg Kravis hired Merrill Lynch to help court foreign investors for the first time this year -- they are having a rough time structuring the buyouts themselves.
He points out that it would make not only big home mortgages but also leveraged investments such as hedge funds and stocks bought on margin less attractive, since investment interest would no longer be fully deductible.
"So, we recognize [that] we're looking for programs in this time of austerity, that are more highly leveraged, that will help not only the lowest income people... but also has billions going to the middle income people.
And this is not only about populist movements being mobilized and democratically leveraged with political clout, a lesson not heeded by the HRC team.
These are working not only on disputes but also on helping clients to unwind leveraged transactions.
The terms of this latest leveraged buyout arrangement deserve much closer scrutiny not only by shareholders and management of the companies involved but by anyone concerned about the impacts that such deals have on employment, communities and society.
Not only do they have an incentive to pile on the leverage themselves, they are periodically exposed to overindebted customers, especially real estate developers and leveraged buyout houses.
You recognize not only your individual talents, but also the ways that you worked well with others and leveraged the talents of the group to succeed.
At the same time, however, not only has the industry flourished, but it has done so in its costliest, highest-leveraged and least transparent segment: hedge funds.
CLOUGH -- Not only was it a question of overvaluation, but the corporate sector has left itself very highly leveraged, the consumer sector has left itself very highly leveraged.
