#privateequity #bailouts #UK #lbo #blackstone #carlylegroup #kkr #corporateraiders #taxpayers #freemarket #loanguarantees #wallstreet #debt #assetstripping #unemployment #markets
Today I will look into a story that has come out in the FT about the Private Equity industry and how the UK government is looking to possibly bailout Private Equity firms.
I will go through the FT article and argue why a bailout of this industry would be an outrageous thing to do.
UK looks to extend bailout loans to private equity-owned groups: https://www.ft.com/content/809cb691-f4f9-48e8-80f8-2cfd08c14106
The Presidents’ Company – Worlds Largest War Industry: http://www.free21.org/the-presidents-company-worlds-largest-war-industry/?lang=en
Trump pardons Michael Milken, face of 1980s insider trading scandals: https://www.cnbc.com/2020/02/18/trump-pardons-michael-milken-face-of-1980s-financial-scandals.html
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