Half a Trillion Dollars and Nowhere to Spend It
By Alp Arslan,  Newser User
Posted Jun 24, 2010 7:25 AM CDT
Promoted on Newser Jun 24, 2010 10:10 AM CDT
   (AP)

(User Submitted) – Seems the titans of Wall Street, and here we mean the private equity buyout shops including Warburg Pincus, Carlyle, TPG, and KKR, have amassed $500 billion to buy companies. Their problem? Not enough to buy and rising prices for what is out there. Plus it's a lot harder to leverage deals with debt in a post-bank-meltdown world. Read the full article.

 

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