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The Economist Blasts Private Equity, Romney's Path To Fortune


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::)  Here it comes!  In 2012, I expect that PE firms and those employed by them will win the top spot on the "public enemies of the USA" list.  Previous winners include:

 

Health Insurance companies

Oil companies

Bank of America

Goldman Sachs

Wal-Mart

Rich people

S&P

Corporate jet owners

Koch brothers

 

Did I miss anyone?

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::)  Here it comes!  In 2012, I expect that PE firms and those employed by them will win the top spot on the "public enemies of the USA" list.  Previous winners include:

 

Health Insurance companies

Oil companies

Bank of America

Goldman Sachs

GW Bush

Wal-Mart

Rich people

S&P

Corporate jet owners

Koch brothers

 

Did I miss anyone?

 

In late 90s, for a while, it would seem that Microsoft was there.....

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Here it comes!  In 2012, I expect that PE firms and those employed by them will win the top spot on the "public enemies of the USA" list.

This thread kind of misses the point of the Economist article. 

USA

 

Nor is the magazine American.

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I have listened to the Economist cover to cover (audio edition) for the last 3 years. I find it to be one of the finest publications currently being produced. I found the take on Private Equity to be pretty logical and non ideological.

 

Interesting, some people follow politics, like its sports. My team is right regardless of the facts. The economist found that investors in private equity have not done all that well. That was pretty much the point of the article / series....

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