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Reply #4


Response to Zoeisright (Reply #3)

Tue Dec 18, 2012, 09:59 AM

4. They may lose some money from the sale...

but more importantly they have a fiduciary responsibility to those pension funds for which thy invest. I suspect they see the writing on the wall and want to get out before the losses become monumental. Eliot Spitzer was calling for this on his show ad wrote about it.

http://www.slate.com/blogs/spitzer/2012/12/17/newtown_shooting_it_s_time_to_target_cerberus_the_private_equity_firm_that.html

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Replies to this discussion thread
Arrow 8 replies Author Time Post
trailmonkee Dec 2012 OP
dipsydoodle Dec 2012 #1
samsingh Dec 2012 #2
Zoeisright Dec 2012 #3
LineLineNew Reply They may lose some money from the sale...
Sekhmets Daughter Dec 2012 #4
Atypical Liberal Dec 2012 #5
Blandocyte Dec 2012 #6
DeschutesRiver Dec 2012 #7
Rhiannon12866 Dec 2012 #8
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