FT Exposes The Literal Definition Of Ponzi-Scheming In Private Equity
From https://www.zerohedge.com/markets/ft-exposes-literal-definition-ponzi-scheming-private-equity In what can only be described as the financial industry’s most brazen act of self-dealing since the last crisis, private equity giants are now openly selling assets to themselves at record pace, propping up their crumbling empire with a tactic that reeks of pure Ponzi desperation. According to the Financial Times, roughly one-fifth of all private equity exits […]
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