PEO 2.0:<br/>SAVIOURS OF THE FINANCIAL SYSTEM?

Large buyout firms appear to be staging a muted comeback – doubling down on their own debt and helping ease bankers' pain. The internet has been buzzing with opinion on the merits or otherwise.

It's official. Private equity is back, or so said The Economist in its recent article “The Comeback of Private Equity” (http://tiny.cc/wkQUu).

The UK magazine, a champion of free-market economics, gave a mixed report to the private equity firms that are stepping in to offer a remedy for the credit crunch.

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