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The year in private equity

What started out as a banner year for buyout deals quickly soured when the credit crisis hit. A look at the biggest stories of the year, and what's in store for 2008.

Junk yard blues
Junk yard blues
Debt markets loosen up, but confidence in junk bonds and other risky debt remains shaky.

More deals sour, including the takeover of United Rentals by Cerberus Capital Management.

Deal activity slows and many agree the best days of the buyout boom are over.

Jan.

Feb.

March

April

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.