The 'Private' Equity firms that gamble with the Public's money on the basis of 'Heads we win, Tails you lose' are the real culprits. Rather than put real sweat money into a business they load it with tons of debt - to the max - and hope for the best (a rising market makes everyone a genius). Shame on KKR and Bain Capital, shame on the regulators that neglect the unfair advantages that 'Private' Equity firms get (tax, accounting, liability, employee relations).
(20-Sept-2017)
(Bloomberg)
Overnight, we finally saw some movement in the Senate on the longest
government shutdown in U.S. history. As this Axios article notes, last
night the Senat...
1 day ago
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