Market Currents
Elected officials must come to grips with spending and debt that could eventually crush the U.S....
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Friday, October 12, 2012, 6:37 PM ETElected officials must come to grips with spending and debt that could eventually crush the U.S. economy, says Carlyle Group co-founder David Rubenstein. That being said, the policy uncertainty we're faced with today isn't necessarily a bad thing for his ilk. “The uncertainty that might exist now is a good thing for certain types of private equity investments,” he adds. “You make most of your money when you’re doing things in an uncertain environment.”
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