On the recordOctober 19, 2021
Private equity relies on a business model that pays managers to go after short-term profits, charging huge fees even as they destroy the long-term prospects of the businesses they buy.
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congress.govElizabeth Warren: “Private equity relies on a business model that pays managers to go after short-term profits, charging huge fees even as…”
Editor's note · Context
Warren criticizes the profit-driven model of private equity harming businesses.
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