Wednesday, May 1, 2013

PEU Petraeus to Join KKR?

Bloomberg reported:

KKR & Co. (KKR), the private-equity underwriter (PEU) run by Henry Kravis and George Roberts, is in discussions with former Central Intelligence Agency Director David Petraeus about a role at the company, according to a person with knowledge of the talks. 

It hasn’t been decided yet what role he would have at KKR, said the person, who requested anonymity because the discussions are private. Petraeus and Kravis are friends and talk often, according to the person.

Petraeus would be the latest in a long line of  generals and political figures to cash in on the PEU side of the Global Corporate Monstrosity.  CNBC interviewed one this morning, Erskine Bowles.   Erskine lobbied for lower corporate taxes for his PEU brethren.  What will Petraeus pitch?