Henry Kravis, Still Shaking Wall Street, Steers KKR Into Lending
Bloomberg reports that many companies are turning to the private equity firm KKR & Co. for loans. Colin Blaydon says, “They have built a large shadow-banking activity that is beyond the reach of financial regulators... no one has figured out if this means there is systemic risk that is not getting the same oversight as the risk that brought us 2008.”