Sunday, November 27, 2022

Homeland Threat Private Equity

Face the Nation hosted two former Homeland Security Chiefs, Jeh Johnson (Blue Team) and Michael Chertoff (Red Team).  Both are private equity underwriters (PEU).  Johnson is with Enlightenment Capital while Chertoff has his own PEU in The Chertoff Group.

Politicians Red and Blue love PEU and increasingly, more are one.  Far more common is PEU hiring of former elected officials/public servants.  It's true in healthcare, as well as homeland security.

Update 11-28-22:  Last year Jeh Johnson spoke on "Creating a More Just World."  That's not private equity's reason for being.