No. of Recommendations: 4
Blackstone, KKR, Bain Accused of Agreeing Not to Compete
By Don Jeffrey and Devin Banerjee - Oct 11, 2012 1:01 AM ET

Top executives at buyout firms including Blackstone Group LP (BX), KKR & Co. (KKR), Bain Capital Partners LLC and Carlyle Group (CG) LP assured each other in e-mails that they wouldn’t compete on deals to avoid driving up prices and angering competitors, according to a now public court complaint.

The complaint does not mention Romney.....but during his time at Bain deals were effected by this carry on.......quite clearly....and the big boys really dont deny that this carry on was happening....they seem to think it is a totally legitimate way of doing business......

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