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)
Yesterday, the White House announced that President Trump has designated
Commissioner Mark Uyeda as Acting Chair of the SEC. Commissioner Uyeda has
served ...
1 day ago
0 comments:
Post a Comment