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 AP NEWS: Carlyle Expects Banks to Seize Assets! View next topic
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Robroy
Flash in the pan


Joined: 22 Jan 2008
Posts: 59

AP NEWS: Carlyle Expects Banks to Seize Assets!
PostPosted: Thu Mar 13, 2008 5:09 am Reply with quoteBack to top

Carlyle Capital Corp. says it expects its creditors to seize all of its remaining assets after unsuccessful negotiations to prevent its liquidation. This fund is TOAST!

Will this accelerate the panic selling in the credit markets?

Article here:
http://biz.yahoo.com/ap/080313......html?.v=1
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RichardCWilson
Dud?


Joined: 08 Feb 2008
Posts: 20
Location: Cambridge, MA

RE: can't believe it -
PostPosted: Tue Mar 18, 2008 5:52 pm Reply with quoteBack to top

I still can't believe this happened. Caryle? They are like the Goldman or Lehman of private equity...What happened here?

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