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The Magazine
Waiting to exhale Middle-market M&A has come back from the abyss, but any sustained rebound depends on the banks. The kids are all right For the first time ever, the emerging markets of Brazil, India and China are expected to lead rather than follow a global recovery. But can these countries sustain their fast-paced growth long term? The chairman has spoken Chris Dodd has put forward a tough financial services reform bill. Now he can get started on one that might pass. Be true to your school As the economy swoons, for-profit education sizzles. There has been a string of deals in post-secondary education. Expect consolidation to continue. A chill from the FDIC The regulator seems to suggest that if private equity wants to get involved in banking, it better find some healthy banks in which to invest. Back to plain vanilla? CIT's high-growth units built up under Jeffrey Peek contributed to its collapse.
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