Yvette Kantrow, the executive editor of TheDeal.com, has an incisive piece about how the recent spat of leveraged buyouts is being covered in the business media. Her conclusion is that business journalist come off as being confused about what’s going on and seem to have forgotten the lessons learned in the 1980s covering LBOs.
Kantrow calls Forbes’ coverage “deeply flawed.” As for Fortune’s article, she notes that things “aren’t quite as rosy in private equity land as Fortune suggests.” BusinessWeek’s piece is “confused” and “simplistic” and turns CEOs into celebrities once again.
“And we thought the age of the celebrity CEO was over,” ends Kantrow.
Read her column here.
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