Could I re-word that?

Could I re-word that? 2009-01-01 Staff Writer <strong>Jargon</strong><strong>Boom times</strong><strong>Challenging times</strong>“Mega-deal”Over$10bnYour lender issolvent“Financial engineering”A blessed techniqueA badge of shamethat makes dividendsthat disappearsappear fr

JargonBoom timesChallenging times“Mega-deal”Over$10bnYour lender issolvent“Financial engineering”A blessed techniqueA badge of shamethat makes dividendsthat disappearsappear from thin airfrom the PPM“Golden era”Huge deals happenHuge discountshappen“Alignment of interests”GPs get rich while LPsWe're in this messget performancetogetherQUOTABLES
“I'm not Robert De Niro, but I'm close to a raging bull on private equity.”

Steven Schwarzman, chairman of The Blackstone Group, tells Bloomberg of the “phenomenal” profits private equity firms can make once economic growth resumes

The charities have all these consultants, and they've been herding the buffalo in one direction, toward alternatives. The consultants say: ‘Yale has alternatives. Harvard does. Look how well they've done.’”

Thomas Kahn, president of Kahn Brothers, a New York investment firm, quoted in Barron's

“While imagination and innovation from private equity managers is welcome, there is a fine line between innovation and desperation and investors must be aware of this.”

A warning on the perils of strategy drift from an announcement accompanying a new research paper produced by Watson Wyatt Investment Consulting about the private equity industry and its future shape

“Growth will be lower but demand will continue for commodities. China has a massive plan for infrastructure spending and that will benefit the likes of steel producers.”

Richard Laing, chief executive of UK emerging markets funds of funds manager CDC, believes that demand for commodities will also help sustain growth levels going forward in emerging markets