Elizabeth Warren targets ‘vampires’ in attack on private-equity industry

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Sen. Elizabeth Warren on Thursday unveiled a proposal for new rules on private-equity firms, likening companies to vampires as she took her latest get-tough approach to the financial industry.

 

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Take Warren, sorry, Polka...Not R'Tazz

Yet she sits around as a life long politician never accomplishing a thing and existing off public money, sounds mighty vampiric to me

She should run on the slogan 'I've got a plan for that!' Nice to know government is going to tell us what a reasonable return on investments should be limited to. Their business track record is Sterling.

Yup. Like EddieLampert. Sears PrivateEquity

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Elizabeth Warren unveils regulations targeting the private equity industryWarren wants to make private equity firms responsible for debts and pension obligations of companies they buy and change executive compensation rules to ensure that bankers who profit from speculative bets also assume risk if their bets go bust. 2020 presidential candidate Elizabeth Warren is aiming her campaign of economic populism at a new target: the private equity industry. JohnJHarwood reports. That ought to be great! More gov regulations! If Warren ever became President the federal government would regulate all of our daily activities. They government would become so intrusive as to be unrecognizable by today’s standards.
Source: CNBC - 🏆 12. / 72 Read more »