Saturday, December 10, 2016

It's a Wonderful Life: PEU Remake

Dealbook revealed how much private equity underwriters (PEU) made in 2015.  These modern day Robber Barons made between $50 million and $800 million last year.  Most PEUs have real estate divisions, which leads to our second Dealbook story. 

Several PEUs are ready to cash-in on cheap European real estate and have sent eviction notices to families who've paid rent in full and on time.

Citizens don't have much of a chance when the PEU class not only sponsors politicians, but are appointed to serve in critical policy roles.  In America the Blue team is packing up, making room for President elect Donald Trump's numerous PEU appointees. 

Trump's corporate casino:  No matter the roll, PEU dice always win.