Opinion: Private-Equity Firms Good for Economy

Written by Pat's Papers | Friday, 13 January 2012 7:54 AM


There’s an interesting guest column in the Wall Street Journal this morning. Attacks on Mitt Romney’s career at Bain Capital leads a private equity guy to explain his view on how firms like his help—not hurt—the economy. He says contrary to the aspersions flying around, private-equity firms don’t kill companies—in fact they only make money when the companies they invest in improve their standing.

SOURCE: Wall Street Journal

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