LevFin pain to last until 2010, says Moulton

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LevFin pain to last until 2010, says Moulton

Virtually none of the leveraged buy-outs completed in the bull market years of 2005 to mid-2007 have been a success, and they will contribute to rising restructuring and turnaround situations until at least 2010, warned Jon Moulton, the chairman and founder of Alchemy Partners this week.

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