Are LBOs a way of repairing the effects of capitalism ?

In the euphoria which gripped the financial markets, and the infamous bubble which resulted from it, LBOs (leverage buy-outs) were the subject of frenzied enthusiasm. Now that the bubble has burst, do they still have a future ? The press has often replied negatively to this question, pointing out that 'the party has been over' since the beginning of 2008. It is a fact that the number of new LBOs has fallen sharply, and that the famous 'lever effect' has sometimes been replaced by a 'staggering, dull blow'. In spite of this, in the their final-year thesis for the Corps des mines, François Rosenfeld and Guillaume Appéré consider that LBOs do have a future, not as the favourite betting system of fans of the so-called 'casino economy', but as a means to repair capitalism, especially in a country such as France where there is a chronic shortage of capital and capitalists. However, there is one proviso for this : more information must be given about the social impact of LBOs, and the particularly advantageous way LBOs have been handled by the Inland Revenue and the banks.