Financial Times FT.com

TPG chief slams declining dollar

By Henny Sender in Dubai

Published: December 12 2007 02:00 | Last updated: December 12 2007 02:00

David Bonderman, co-founder of private equity firm TPG, has added his voice those who have slammed the declining value of the dollar.

"The US has adopted unbelievably foolish policies," Mr Bonderman said at a private equity conference in Dubai. "We are heading in the direction where we will get to one dollar equalling one yen."

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this