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Private Equity Funds

9 Kingpins Made $2.6 Billion Last Year And Got Subsidized By Taxpayers

The Huffington Post | Mark Gongloff | Posted 03.04.2014 | Business

Private-equity kingpins made billions last year subsidized by you, the taxpayer. The nine highest-paid private-equity executives in the U.S. haule...

Third Way Attacks Elizabeth Warren and Bill de Blasio, and Should Disclose Bank Donations

Brent Budowsky | Posted 02.05.2014 | Politics
Brent Budowsky

Third Way has a legal right to keep their donations secret, and we have a legal right to give Third Way zero credibility until they disclose their donations.

Reward Investors in Banks That Break Up

Brent Budowsky | Posted 05.07.2013 | Business
Brent Budowsky

I agree with George Will about as often as the Boston Red Sox agree with the New York Yankees, but as the law of broken clocks suggests, we must both be right at least twice a day.

Private Equity Firms: What Are They Good For?

Jared Bernstein | Posted 07.25.2012 | Business
Jared Bernstein

2012-05-25-Screenshot20120525at9.21.00AM.pngPrivate equity firms are not net job creators and they sure don't need the crazily huge distortionary tax break that they get.

Private Equity Firms Pushing Dentists To Detrimentally Overtreat Patients

The Huffington Post | Bonnie Kavoussi | Posted 05.18.2012 | Business

A crown on a four-year-old's tooth? That's just one of the consequences of private equity's leap into the dentist's chair. That's because dental m...

Romney's Former Industry Has An Image Problem

The Huffington Post | D.M. Levine | Posted 03.13.2012 | Business

Try as it might, the private equity industry hasn't won the hearts and minds of average Americans. More than half of Americans say they have a neg...

Private Equity Funds - Neither Job Creators nor Vultures, Just Profit Makers

Parvez Ahmed | Posted 04.15.2012 | Business
Parvez Ahmed

Over the last two decades the system has become lopsided so as to leave the 99 percent feeling helpless and hopeless. Meanwhile special interest groups continue to rig the system disproportionately in favor of the 1 percent.

Banks: Without More Leeway, Volcker Rule Will Force 'Fire Sales'

Posted 12.07.2011 | Business

U.S. banks want regulators to give them more time to liquidate investments in certain private equity funds under the Volcker rule, arguing that wi...

Closing Tax Loopholes for Billionaires

Robert Reich | Posted 05.25.2011 | Business
Robert Reich

Call me old fashioned but I just think it's wrong that a single hedge fund manager earns a billion dollars, when a billion dollars would pay the salaries of about 20,000 teachers.

Felix Salmon: The Volcker Rule's Two Huge Loopholes

Reuters | Felix Salmon | Posted 05.25.2011 | Business

Paul Volcker's long NYT op-ed last weekend, and his testimony to the Senate banking committee this week, did very little to clear up a lot of the unce...

Paul Volcker Testimony: Limiting Banks' Proprietary Activities Would Stabilize The Financial System

Posted 05.25.2011 | Business

A day after Senate Banking Committee Chairman Chris Dodd's office indicated that he may scrap the centerpiece of President Obama's financial regulator...

Geithner's Treasury May Help Banks Avoid Obama's Proposed Limits

New York Times | LOUISE STORY and ERIC DASH | Posted 05.25.2011 | Business

Only a year after the government stepped in to aid Goldman Sachs and Morgan Stanley by granting them access to the federal safety net, policy makers a...

Bonuses 2009: Why US Banks Deserve the Taxation Prepared by Obama

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

Instead of trying to come up with a constructive solutio, the banks failed to accept that their exceptional earnings did not come to them.