What is Private Equity, and how does it work? Gretchen Morgenson (@gmorgenson) is a Pulitzer-winning journalist whose latest book is These are the Plunderers. Gretchen exposes the bad and often illegal activities of Private Equity firms, and tries to explain why they have been allowed to get away with it for so long. She describes how Private Equity firms operate behind the scenes to ensure the loopholes that substantially reduce their tax bills are never closed, and details recent events that might give cause for hope.
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