Cramer on Private Equity

Jim Cramer and TheStreet.com executive editor George Moriarty on last week’s WSJ story about how some recent buyout deals are going sour. Cramer notes that three deals out of more than a thousand does not a trend make. He’s right, although it may be enough to shake some sense into Wall Street lenders (“Why do covenant light, when we can do no covenants at all?”).

Oh, and peHUB gets a shout-out, which makes me feel all warm and fuzzy…[youtube=http://youtube.com/watch?v=fC8GF-RjpAE home=true]