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Surveillance: Banking Jitters with Roubini

Bloomberg Surveillance

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Private Equity Firms Are Not the Same Situation as Banks

Private equity is not the same situation as banks. We don't have typically runs on private equity firms. The bank, the private equity firms did quite well in the last recession. They survived it and they came back stronger than ever. So I don't see any weakness at all that we have to worry about in terms of a regulatory situation withprivate equity firms.

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