Wednesday, November 17, 2010

Carlyle Group: Dunkin' Debt for Dividend

Dunkin Brands will float more debt, of which $500 million will be used to pay dividends to The Carlyle Group, Bain Capital and Thomas H. Lee Partners. Private equity underwriters (PEU's) dunk affiliates via management fees, dividend bleeding and flipping holdings.

America runs on Dunkin'.  PEU's run on meanness & greed.