Published April 27, 2010 at 1:14 PM
"I think the Goldman Sachs (NYSE:GS) story is a perfect example of a huge, huge need of transparency," says Richard Attias, who is best known as the producer of the World Economic Forum for 13 years and who also launched the Clinton Global Initiative. "You can't just say to people, 'Oh sorry, because of the subprime mortgage rate you lost your job.' They don't even know what the subprime is. This is a big opportunity to educate and explain what did and didn't happen," he tells The Deal in this video interview. Attias' current project is The New York Forum, a confab of CEOs, financial leaders and government regulators to be held in June. Watch the video below or download it on iTunes.--Mary Kathleen Flynn
Low interest rates and alternative financing sources are just two of the many things affecting private equity deals right now, according to Paul Aversano, managing director at Alvarez & Marsal LLC. In a recent studio interview, Aversano discussed the conditions both buyers and sellers are facing at this time. Aversano, who is also the global practice leader for the firm's transaction advisory group, also outlined how low interest rates will continue to affect the M&A market and the pressure that PE firms are feeling to transact.