private equity
Are “Bankruptcy Directors” Bad for Creditors?
A new paper studies the rise of so-called “bankruptcy directors,” typically former bankruptcy lawyers, investment bankers, or distressed debt traders who join corporate boards...
It Is Such a Small World: The Market-Design Academic Community Evolved in a Business Network
Private equity funds such as Michael Dell's MSD Capital made hundreds of millions of dollars in profits from the 2017 FCC spectrum auction, thanks...
Bethany McLean’s Weekend Reading List: Free Money, Hospitals, and Private Equity Firms
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.
Is there actually such a thing...
Here’s How Covid-19 Is Boosting Monopolization and Market Power
Monopolization and consolidation can happen for what seem to be good, or least necessary, reasons. How we respond as a society depends on how...
The Coronavirus Crisis Has Exposed Private Equity’s Unsustainable Business Model
Private equity portfolio companies are heavily indebted, and they aren’t generating enough cash to service debts. The steady increase in asset values since 2009...
The Cantillon Effect: Why Wall Street Gets a Bailout and You Don’t
According to the 18th-century French banker and philosopher Richard Cantillon, who benefits when the state prints money is based on its institutional setup. In...
How Private Equity Companies Are Lobbying to Profit from The Covid-19 Economic Fallout
Private equity funds aren’t just seeking to save the investments they already have, but to get access to more capital to invest in a...
Bethany McLean’s Weekend Reading List: Coronavirus, the Sugar Conspiracy, and Blackstone
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.
Yes, yes, I'm obsessed with the rise...
Bethany McLean’s Weekend Reading List: Ghosn's Escape, Apollo's Founder, and Leveraged Loans
Corruption, lobbying, corporate malfeasance, and frauds: a weekly unconventional selection of must-read articles by investigative journalist Bethany McLean.
This week is all Bloomberg, all the...
A Complicated Villain: Is Elizabeth Warren Right About Private Equity?
In a new episode of their podcast Capitalisn't, Kate Waldock and Luigi Zingales discuss one of the most hated industries of America: private equity. Democratic...
