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The DOJ's Probe Into Private Equity Firms

Law360 (October 25, 2006, 12:00 AM EDT) -- If you took a poll among antitrust lawyers to determine who gets the gold medal for the most cavalier comment by someone firmly in the crosshairs of antitrust enforcers, undoubtedly Bill Gates would win for his famed 1995 comment to Intel executives—"This antitrust thing will blow over."

Those same storm clouds that Gates thought would "blow over" are now gathering over the private equity community, many members of which seem unfazed. The betting money, however, is not predicting sunny skies for long.

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