…to undergo bankruptcy reorganization rather than be forced to liquidate, because there was private-equity funding available for that purpose. Solamere Capital and its Rolodex of potential investors were available to…

…nomination his son Tagg set up a private equity fund with the campaign’s top fundraiser. One of the first donors was his mum, Anne. Next came several of his dad’s…

…debt service, and both debtors and creditors retrench. In this case, which is ours, the essential problem is that fulfillment of claims on wealth—both credit claims and equity claims on…

…from their own immense cash piles. But US companies still have net debt – after deducting that cash – equal to perhaps 40 per cent of their equity. Any thoughts?…

…directly on a non-US exchange. The SEC staff cited an analysis of virtually all US funds with international equity investments. The study found a substantial “tax” imposed upon pension funds…

…incompetent and/or corrupt. So there are many thousands of properties with reasonable looking exteriors but with ruined interiors. Even with sweat equity labor the fix up costs will be very…

…into two basic approaches plus a blend. One approach is to appeal to the Magical Fairy Dust of Equity Markets and claim that private accounts will simply make up the…

…rate as an endogenous variable — it should depend only on the ratio of equity to the capital stock (IIRC). It isn’t a free variable in that model and can’t…

…the same amount in taxes. I don’t have any patience for this argument (I don’t care about horizontal equity — I care about equality). It is based on the asusmption…

…nonetheless yoked with the debt that got the private equity firm rich). Get rid of provisions that are primarily beneficial to the wealthy–reinstate a hefty estate tax, eliminate the preferential…