Caption Contest Tuesday
[Andrew Harrer/Bloomberg via Getty Images]
[Cavorting at a Bloomberg cocktail party before the White House Correspondents' Dinner]
[Andrew Harrer/Bloomberg via Getty Images]
[Cavorting at a Bloomberg cocktail party before the White House Correspondents' Dinner]
Jimmy Lee, JPMorgan’s legendary dealmaker, just finished up CNBC’s new show, Strategy Session. Not only did he say the credit markets “are wide open,” but up to $10 billion in debt is now available for an LBO, provided it sits on top of about $5 billion in equity and is, of course, the right kind of company.