The Private Equity Deception
Private equity firms are a risky place to invest and their reported returns can be misleading.
The Wall Street Journal, and (scroll down) Naked Capitalism, on compensation czar Kenneth Feinberg's ruling on executive pay at seven bailed-out financial firms:
Pay Czar to Slash Compensation at Seven Firms
Read the rest of the article.
Yves Smith of Naked Capitalism is skeptical:
Pay Czar Decides to Collect a Few Scalps, a Sign of Weakness
Read the original post.