FDIC Proposal: All Stick, No Carrot
The FDIC today held a roundtable discussion with various PE industry players, regarding last week's proposed guidelines related to private equity investment in banks. The session was closed, but a little birdie tells me that most of the PE representation was attorneys rather than dealmakers . My guess is that the attorneys delivered a fairly simple message: These proposals are nutty, baselessly punative and totally counterproductive if the goal is to encourage PE investment in banks. I get a bit more in depth during a Reuters Insider spot I did earlier today (on tape from the laundry room adjacent to the home office):
6 July 2009•2 mins read
