The Banks and Private Equity

A good editorial from today's New York Times, cautioning against private equity firms' efforts to get the Fed to relax bank ownership regulations. The current issue of Dollars & Sense includes a feature article by a former industry insider that exposes how an already favorable regulatory landscape allows private equity firms to reap megaprofits at the expense of the companies they buy and sell and the communities that depend on them.

The Banks and Private Equity