PE is Clueless About Bankruptcy and Distressed Investing

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Crystal Capital's Edward Siskin and The Heico Companies LLC's Michael Heisley says that 90% of the private...
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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