The American system works because of risk and reward. The bigger the risk, the higher the potential reward.
Six years ago the largest leveraged buyout in history happened when three hedge funds – KKR Co., TPG, and Goldman Sachs Partners – bought TXU Corp., now called Energy Future Holdings, for $45 billion, $43.5 of which was borrowed. What a risk! The biggest leveraged buyout ever, using 96.6% borrowed funds!
The Robertson Connection for Precinct 0415 