PE is clueless about bankruptcy and distressed investing

Name: PE is clueless about bankruptcy and distressed investing
Uploaded: 2009-02-23T21:09:42+00:00
Duration: 4 min 6 s
Channel: thedealvideo
Description: Crystal Capital's Edward Siskin and The Heico Companies LLC's Michael Heisley says that 90% of the private equity funds' managers are "clueless" as to how to implement a turnaround plans to distressed investments, and many are not familiar with bankruptcy codes either.

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Crystal Capital's Edward Siskin and The Heico Companies LLC's Michael Heisley says that 90% of the  private equity funds' managers are "clueless" as to how to implement a turnaround plans to distressed investments, and many are not familiar with bankruptcy codes either.

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