TPG Is A Two-Time Loser on Time’s Worst Deals of the Year List
Time magazine has launched 100 “Top Ten” lists of 2008. The magazine is courting page views with its slideshow format (garnering 10 page views for each list instead of one), so to save you time, dear readers, I’ve pulled out all the private equity mentions. Sadly, private equity did not make the Best Deals list, but it did score three “Worsties.” The winners (er, losers) come as no surprise, although I could think of a few more deals to throw in the mix. I was surprised, however, that TPG and Apollo’s investment in Harrah’s made number three while TPG’s stinger on WaMu clocked in all the way at number nine.






