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[–]RandomCollection[S] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

We'll see if this is just PR or if this will lead to real change.

Private equity have been a rent seeking drain on society.

[–]sdl5 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

My guess? Pension funds, particularly those for government employees, have invested FAR TOO MUCH of their equity they need for pension payouts into private equity ops- and are just getting to the point pf graspong that the drained and killed companies to pillage are running out.... and thus the value of those PEFs they have all their needed money in are going to start being sucked dry by execs then shut down with losses.