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PIK Your Own Poison - New York Times

 
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Haniel
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PostPosted: Thu Nov 27, 2008 10:21 am    Post subject: PIK Your Own Poison - New York Times Reply with quote
<table border=0 width= valign=top cellpadding=2 cellspacing=7><tr><td valign=top class=j><font style="font-size:85%;font-family:arial,sans-serif"><br><div style="padding-top:0.8em;"><img alt="" height="1" width="1"></div><div class=lh><a href="http://news.google.com/news/url?sa=T&ct=us/6-0&fd=R&url=http://executivesuite.blogs.nytimes.com/2008/11/26/pik-your-own-poison/&cid=0&ei=BnQuSaizLYzK8ASO9aQj&usg=AFQjCNFDLNh9wPBg4nosCANJEUEck9gfHQ">PIK Your Own Poison</a><br><font size=-1><font color=#6f6f6f>New York Times,&nbsp;United States&nbsp;-</font> <nobr>4 hours ago</nobr></font><br><font size=-1>Partners had to live <b>off</b> the future earnings of the entire firm. In the words of Sidney Weinberg, a one-time head of Goldman Sachs, it paid to be long-term <b>...</b></font></div></font></td></tr></table>

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