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Private Equity Players Want In on Banking

Fed resists easing restrictions on risky, cash-rich enterprises

By Kevin Spak,  Newser Staff

Posted May 6, 2009 9:22 AM CDT

(Newser) – Even in the midst of the banking crisis, numerous entities are willing to buy the big banks, the New York Times reports. Private equity groups like J.C. Flowers & Company are itching to snap up the cash-strapped behemoths, but the Fed won’t let...   Read full story »

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