I've posted a comment on this: http://anomalyuk.blogspot.com/2016/12/actually-existing-capitalism.html?showComment=1481984824951#c2939481265282141902 …https://twitter.com/anomalyuk/status/808323320668098560 …
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..E.g. private equity firms would start offering limited partners higher liquidity options for investing in the fund.
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the point is that to a banker, underlying legal principles are materials out of which a deal can be built.
End of conversation
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