Memphis Who wants to read another story about Wall Street hustlers and the funny money going south and then jumping through more hoops to try to save their butts in bankruptcy court? Well in this case the answer is “Me!” when it comes to the wheeling-and-dealing involving TXU, the struggling Texas power company. The …
Tag: tpg
Texas Told You So on TXU Private Equity Rip Off
New Orleans Less than three years ago in 2007 we were all fighting tooth-and-nail to try to stop the big beef of private equity KKR with Henry Kravis, Texas Pacific with David Bonderman, and Goldman Sachs with most of the western world from doing a crazy $50 billion purchase of TXU, the giant public utility, …