private equity

David Brooks is no economist and that shows in his recent column about private equity, in which he claims that private equity firms have pushed corporate America to get leaner and smarter. As Paul Krugman pointed out today, nothing of the sort happened -- because, in fact, productivity has not been...
05/25/2012
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The best defense of private equity is that this industry does both good things and bad things. Sometimes private equity firms rescue troubled companies, pump in new capital and management talent, and make them better and more productive -- saving or creating jobs along the way. Other times, though...
05/24/2012
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One big question at the center of the private equity debate is whether firms like Bain Capital intentionally set out to burden the companies they take over with debt -- or whether things just sometimes go sour amid failed turnaround efforts. Defenders of private equity say that piling up debt is...
05/23/2012
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David Brooks offers up a spirited defense of private equity today in the Times, and many of his points make perfect sense: In fact, many private equity firms don't set out to laden the firms they buy with debt and cash out before the company goes bankrupt. (Although some do set out with very much...
05/22/2012
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A splendid accidental benefit of this year’s Republican presidential primary is that one of the most abusive dark corners of American capitalism, so-called private equity, is coming in for belated scrutiny and scorn. Delectably, the disclosures and criticisms are coming from leading...
01/17/2012
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