Merchants of Debt: KKR and the Mortgaging of American BusinessBy George Anders
- Author: George Anders
- Binding: Hardcover
- Published: 1992-05-26
Correspondence to couch giant financial issues in human terms. The story of KKR shows how pride, jealousy, fear, and ambition fueled Wall Street's debt mania--with consequences that affected hundreds of thousands of people. Anders addresses three questions: Why did American business become so enchanted by debt in the 1980s? How exactly did Kravis and Roberts rise to the top of the heap? What have buyouts, especially KKR's deals, done to America's economic strength? Here.