Relax and Explode: How Financial Deregulation and Loose Monetary Policy Contributed to the 2003-2007 LBO Boom
Abstract
This paper first details the general academic theory behind leveraged buyouts and
then explores the financial deregulation effort undertaken by Congress and the Federal
Reserve Board throughout the 1980s and 1990s. The piece demonstrates how changes
in governmental decisions, specifically this deregulatory effort, coupled with lax
monetary policy conducted by the Fed during Alan Greenspan’s reign, contributed to
the 2003-2007 LBO boom.
Type
Course paperSubject
Private equityleveraged buyout
monetary policy
deregulation
federal reserve
finance
Glass-Steagall
Alan Greenspan
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https://hdl.handle.net/10161/5206Citation
Froehlich, Ben (2012). Relax and Explode: How Financial Deregulation and Loose Monetary Policy Contributed
to the 2003-2007 LBO Boom. Course paper, Duke University. Retrieved from https://hdl.handle.net/10161/5206.Collections
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