Posts Tagged ‘ private equity ’

“Tin Men”

Jul 5th, 2007 | By | Category: Macro Economics
Some may remember the movie Tin Men. Set in Baltimore during the 1960s, the main characters, Danny DeVito and Richard Dreyfuss, make a living selling aluminum siding for houses. They are part of a quickmoney operation that leaves customers possibly defrauded and certainly disillusioned. The main plot pits the two ...read more

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Energy and Private Equity, Part II

Mar 21st, 2007 | By | Category: Macro Economics
What prompts me to write about PE is its current relation to investments in the energy arena. According to one authoritative estimate by Cambridge Energy Research Associates (CERA -- which has been so opposed to Peak Oil theory, but which also does quite good work in other areas), the U.S. ...read more

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Energy and Private Equity, Part I

Mar 20th, 2007 | By | Category: Macro Economics
I RECENTLY HAD occasion to deal with some people who are involved in the "private equity" (PE) side of the energy business. I am bound by a confidentiality agreement not to say too much about the details of their project. But I was surprised at how much money these people ...read more

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