Crisis on Wall Street: What Business Leaders Say

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Sam Wyly
Entrepreneur
Billionaire but not on The Forbes 400
On where he would invest after all the turmoil:
"It would be in things that I personally know are rock solid ... British Petroleum is a great oil company, and they're putting billions into renewables, clean energy stuff. They have a great management team and a pretty low multiple.
"Another one is a company I know because I built it up 20 years and then sold it two years ago in a leveraged buyout: Michael's Stores. The equity is privately owned, but they're publicly trading bonds. It's been a few days, but when I looked, one of them had an 18% yield and one had a 22% yield. It just looked like a screaming buy to me."

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