electric car

Clinton and Obama: Hedge Fund Killers

Are there records that private equity / hedge funds have created more jobs in the companies they have taken private? Or have they at least created more jobs in the hedge fund industry? Layoffs versus jobs data can resolve the issue of job creation. Perhaps there is a case for them by showing they kept jobs in the USA and avoided outsourcing. Unless the data argues the opposite.

If private equity partnerships with SIVs from China and the Mid East take ownership away from US investors there will be a case for the democrats to investigate taxability and national security issues.

I for believe that Blackstone's CEO Schwarzman overdid the PR stuff that led to the angst regarding the industry.