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Jonathan Ford – Elizabeth Warren is right to worry about private equity looting

Summary:
Sensible society would not allow these groups to rig odds as they gamble with economy Even the Financial Times agrees with me. The FT doesn't like you to copy too much, so there is a link is below. They usually let you read one article a day without a subscription.   I remember reading how private equity groups not only hire new management to run the companies they have taken over, but they also get financial advice from other people. So what do they do? https://www.ft.com/content/f2bc6d4e-afbd-11e9-8030-530adfa879c2

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Sensible society would not allow these groups to rig odds as they gamble with economy


Even the Financial Times agrees with me. The FT doesn't like you to copy too much, so there is a link is below. They usually let you read one article a day without a subscription. 

 I remember reading how private equity groups not only hire new management to run the companies they have taken over, but they also get financial advice from other people. So what do they do?

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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