. October 23, 2006 SouthAmerica: On Wednesday, September 6, 2006 âBrazzilâ magazine published an article âWhile the American Dream Is Outsourced Brazil Drives the World into the Futureâ which is the information that started this thread and â Quoting from that article: â¦The Forbes Magazine cover story on the issue dated March 13, 2006 "Private Inequity," gives a detailed account of how the "private equity firms" or "leveraged buyout funds" operate in the economy as parasites, or blood suckers - and these companies are milking the American economic system dry, making their money by gutting these companies, pillaging everything in sight; including their pension funds, and by eliminating jobs and closing many parts of the business. And they do that on the regular basis, year after year. ********** But now "Business Week" magazine also decided to âraise the red flagâ about what is happening regarding the âPrivate Equityâ companies, and this major raping that is going on of our economic system. The cover story of the current issue (October 30, 2006) of Business Week said the following - âGluttons At The Gateâ Private equity are using slick new tricks to gorge on corporate assets. A story of excess. Three weeks after giant private-equity firm Thomas H. Lee Partners agreed to buy an 80% stake of Iowa Falls ethanol producer Hawkeye Holdings in May, Hawkeye filed registration papers with the Securities & Exchange Commission to go public. The buyout deal hadn't even closed yet, but Thomas H. Lee was already looking forward to an initial public offering expected to generate a huge profit on its $312 million investment. The firm didn't just cross its fingers and wait, however: It took $20 million from Hawkeye as an advisory fee for negotiating the buyout and a $1 million "management fee"--and will soon take about $6 million to meet its own tax obligations. All told, Thomas H. Lee will collect payments of around $27 million by yearend--despite Hawkeye's having earned just $1.5 million in the six months through June. These are crazy times in the private-equity business. It used to be that buyout firms would spend 5 to 10 years reorganizing, rationalizing, and polishing companies they owned before filing to take them public. Thomas H. Lee couldn't have created much lasting economic value in the three weeks before the filing, but that didn't stop it from writing itself huge checks from Hawkeye's ledger. Thomas H. Lee and Hawkeye declined to commentâ¦.. You can read the entire story on Business Week about the "Private Equity" pillaging of everything in sight at: http://www.businessweek.com/magazine/content/06_44/b4007001.htm .