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Private equity giant KKR & Co. (NYSE: KFN) posted a $1.2 billion loss last year -- compared to pretax net income of $815 million the year before. This is KKR's first loss in at least five years.
Bloomberg pins the blame on a drop-off in leveraged buyout transactions. A $1.4 trillion market in 2006 and 2007, only $212 billion was spent on takeovers last year, which was bound to put a dent in KKR's top and bottom lines.
Continue reading KKR posts $1.2 billion loss on LBO market fall
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| 1 | Joseph Lazzaro | 113 | 0 |
| 2 | Tom Johansmeyer | 103 | 2 |
| 3 | Connie Madon | 52 | 0 |
| 4 | Steven Mallas | 42 | 0 |
| 5 | Tom Taulli | 42 | 0 |
| 6 | Mark Fightmaster | 39 | 0 |
| 7 | Trey Thoelcke | 32 | 0 |
| 8 | Steven Halpern | 28 | 0 |
| 9 | Melly Alazraki | 25 | 0 |
| 10 | Paul Foster | 24 | 0 |
| 11 | Zac Bissonnette | 24 | 0 |
| 12 | Brent Archer | 21 | 0 |
| 13 | Jim Cramer | 21 | 0 |
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| 15 | Brian White | 20 | 0 |
| 16 | Elizabeth Harrow | 17 | 0 |
| 17 | Eric Buscemi | 16 | 0 |
| 18 | Sheldon Liber | 13 | 0 |
| 19 | Michael Fowlkes | 8 | 0 |
| 20 | Beth Gaston Moon | 8 | 0 |
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