Friday, March 6, 2009

Private Money to the Rescue?

Story here about ideas being generated that would entice Private Equity and Hedge Funds to part with some of their money to invest in government backed securities--with the government mitigating some of the risk. Necessity is the mother of invention, and we're starting to see a lot of stories like this, novel ideas about how to un-gum the credit markets and get capital flowing again. I remain hopeful that we will figure something out.

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