The Private Equity Deception
Private equity firms are a risky place to invest and their reported returns can be misleading.
Our last post was about Obama's bad choices for his debt commission—people who want to loot Social Security.
But there is apparently some good news: We have it on good authority—my sister, who is a physician assistant and medical director at a network of rural health centers in West Virginia—that Obama's pick to head the Centers for Medicaid and Medicare Services, Donald Berwick, is a very good choice. She said she was "giddy" when she heard the news.
Berwick is a professor at Harvard Med School and also heads the Institute for Healthcare Improvement in Cambridge, Mass.