2 ms·

The P/E orgs are generally working within the confines of all federal and local laws, they never had to lobby or corrupt anything. It's more of a wide open exp

The P/E orgs are generally working within the confines of all federal and local laws, they never had to lobby or corrupt anything. It's more of a wide open exploit.

ceejayoz 3y ago
Lobbying is frequently aimed at preventing new laws that would close such exploits.
- metadat 3y ago
  Sure, but I have friends who work for these delightful folks and am confident they're not spending much energy on lobbying, mostly focused on new deals. I'd like to have a few G6 jets, too, please.
  - ceejayoz 3y ago
    Sure. You hire a lobbyist for that part.
    - metadat 3y ago
      Not really, no. Why bother if you don't need to.
      - ceejayoz 3y ago
        They need to, they do, and they’re quite successful with it. https://www.wsj.com/articles/how-the-private-equity-lobby-wonagain-11659834467 https://www.wsj.com/articles/how-the-private-equity-lobby-wo...