The private equity sector suffered severely in 2009. The late 2008 financial crisis shaped the year that followed it, constraining institutional investor capital and limiting strategic alternatives. Even with the recovery in public capital markets that occurred in 2009, investors in private equity funds remained cautious with their cash, a trend that appears likely to continue into 2010. New capital raised by private equity funds fell 61% from 2008 to 2009, with the deferred effects of the 2008 financial crisis finally coming to bear.

Continue reading After 2009, Private Equity Fund-Raising Has Low Expectations for 2010

After 2009, Private Equity Fund-Raising Has Low Expectations for 2010 originally appeared on DailyFinance on Sun, 10 Jan 2010 21:50:00.

Filed Under: Economy, Investing

Even if the global economy does rebound to some extent this year, the number of companies in danger of defaulting on their credit obligations will remain high. A disproportionate number of them could come from the U.S., and more than half could be concentrated in five key industries, according to a report issued Friday by credit ratings agency Standard & Poor's.

Continue reading S&P's Most Likely to Default in 2010 List

S&P's Most Likely to Default in 2010 List originally appeared on DailyFinance on Sun, 10 Jan 2010 21:00:00.

Filed Under: Company News, Economy, Investing

Another day, another new product from Google (GOOG), the sprawling technology giant that has been on a tear lately. Now comes "Near Me Now," a service that makes it fast and easy to learn about your immediate vicinity with a much simpler interface than other local search applications use. It launched last week on the mobile version of Google.com. When an Apple (AAPL) iPhone or Android phone lets Google.com grab its user's exact location via these phones' GPS capabilities, Google adds a "Near Me Now" button to its Web search interface, automatically making it very easy to find local information.

Continue reading Google's 'Near Me Now' Kicks Local Search Up a Notch

Google's 'Near Me Now' Kicks Local Search Up a Notch originally appeared on DailyFinance on Sun, 10 Jan 2010 20:30:00.

Filed Under: Company News, Technology, Google

Is President Obama long on talk and short on results? This is a question he must answer in the negative in 2010. And the best way for him to do that is to produce tangible accomplishments this year. Part of his challenge is that what appears likely to be his first year's biggest accomplishment -- health care -- may not be what the American public is looking for. It ought to be what it was for Bill Clinton: the economy.

Continue reading For Obama, Job One Is Job Creation

For Obama, Job One Is Job Creation originally appeared on DailyFinance on Sun, 10 Jan 2010 19:30:00.

Filed Under: Columns, Economy

Hank Greenberg was the CEO of AIG (AIG) for 1968 to 2005, building the firm into the largest insurance company in the world. After being pushed out as an accounting scandal rocked the company, he has engaged in legal battles with his former company and the government until recently.

Continue reading Former AIG CEO Greenberg Fingers Goldman in the Insurer's Collapse

Former AIG CEO Greenberg Fingers Goldman in the Insurer's Collapse originally appeared on DailyFinance on Sun, 10 Jan 2010 17:15:00.

Filed Under: Company News, Goldman Sachs , American International Group, INC.

Hank Greenberg was the CEO of AIG (AIG) for 1968 to 2005, building the firm into the largest insurance company in the world. After being pushed out as an accounting scandal rocked the company, he has engaged in legal battles with his former company and the government until recently.

Continue reading Former AIG CEO Greenberg Fingers Goldman in the Insurer's Collapse

Former AIG CEO Greenberg Fingers Goldman in the Insurer's Collapse originally appeared on DailyFinance on Sun, 10 Jan 2010 17:15:00.

Filed Under: Company News, Goldman Sachs , American International Group, INC.

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