Mitt Romney-style Private Equity Under Attack

Investment Analysis Clubs Macro Economic Trends and Risks
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KKR Founders Sued for Allegedly Getting Giant Payday for No Work

https://www.wsj.com/finance/kkr-founders-face-suit-alleging-they-got-giant-payday-for-no-work-97ab72d8?st=afoc7a29oyg3e2z&reflink=desktopwebshare_permalink

I always thought that was mostly a problem with “single mothers on Food Stamps”. When they buy diapers and baby formula it inevitably causes inflation.

intercst

4 Likes
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Doesn’t this happen across the board from the bottom to the top in both private and public institutions?

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That’s a feature not a bug.

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Of course. Like the song says “money for nothing”. That is why the tax code rewards loot from speculation and manipulation, over productive work.

Steve

7 Likes