So says Dennis Berman on the WSJ‘s blog. If KKR’s subprime exposure doesn’t prevent it from closing the deal with TXU, Wilder stands to make about $300 million. To which we say: nice. The problem, Berman points out, is that Wilder began talks with KKR without notifying his board. They were in the dark for five to six weeks. That’s a big no-no.
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