The 82-year-old American businessman and former chairman and CEO of American International Group, posed the question Why has private equity been growing
ôA lot of companies are fed up with having to file quarterly earnings because if you miss by a penny youÆre trashed,ö he says, laying blame in part on young analysts whom he described as ôtwenty-one-year-olds fresh from college who think they know how to run companiesö.
Add the hassles...
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