The Economist reported the state of private equity underwriters (PEU's):
“PRETTY much everybody hates us,” admits one private-equity executive.
Odd, PEU's are the solution to America's ills in healthcare, banking, infrastructure, education, green energy and underfunded pensions. The White House loves them. Congress gave PEU's a free pass in financial reform.
Will Senate Corporacrats water carry on carried interest taxation? Stay tuned.
