Private equity industry in the crosshairs

Mitt Romney’s opponents have spent weeks slamming the private-equity industry where he made his fortune, saying it profits from dismantling companies and laying off workers.

The industry’s trade group has pushed back. Private-equity firms are good for the country, it argues, because they make the economy run more efficiently and turn around ailing companies, creating jobs.

Read full article >>




Original Author: 
Business News, Financial News, Business Headlines & Analysis - The Washington Post