€300 Million Later: Deutsche Bank's Invoice On The Remains Of The Jefferson Smurfit Group

" But that's investment banking for you: providing major value (to someone), while enhancing efficiency (and bankruptcy probabilities). And in the meantime, the PE backers have extracted hundreds of millions on their underlying stake. Who are the losers? Why stupid institutional money (pension and mutual funds) and retail of course. In the meantime, politicians hammer the immense value that the Wall Street advisory/underwriting/going private complex provides. If they say it often enough, we may just believe them."