Private equity's seemingly high returns have been attributed to "freedom" from regulation. But, however explained, there is the question of how real the private equity profits have actually been.
Dear Dr. Dollar: Is the Federal Reserve, the Fed, as important to the operation of the economy as it seems? How does it work? If it is so important, how can anyone take seriously politicians such as Ron Paul, who calls for the Fed’s abolition? Read more »
Do private equity moguls create wealth, or do they merely transfer wealth to the richest of the richest 1% by sucking dry the companies they take over? Read more »
