#184Listening: Fill in the BlanksAcademic,CoreMedium

Cerberus

Official Question Material
Prep: Varies

Official Audio Prompt

I think that's not going to be such uh, a [blank] option for Cerberus, but, uh, that may be the way that they're gonna approach it. Private equity, of course, is supposed to have the [blank] of taking, uh, management out of the spotlight of, uh, quarterly profits, uh, and industry analysts, and, and, uh, prying shareholder eyes, and that, [blank] , gives them a chance to take, uh, slower, more patient routes to doing something to turn a company around. I would, uh, I would hope, and I have some, I guess optimism that some of the Cerberus team will have some [blank] and imagination of...

Sample Answer & Audio Transcript

I think that's not going to be such uh, a viable option for Cerberus, but, uh, that may be the way that they're gonna approach it. Private equity, of course, is supposed to have the advantage of taking, uh, management out of the spotlight of, uh, quarterly profits, uh, and industry analysts, and, and, uh, prying shareholder eyes, and that, hypothetically , gives them a chance to take, uh, slower, more patient routes to doing something to turn a company around. I would, uh, I would hope, and I have some, I guess optimism that some of the Cerberus team will have some creativity and imagination of...
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