Is private equity creating value, or just piling on debt? | FT #shorts
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Is private equity creating value, or just piling on debt? | FT #shorts
William E Simon was a bond trader-turned US cabinet secretary under President Richard Nixon. He was also abrasive, polarising and the 'father of private equity', according to journalist and author Hettie O’Brien.⁠ ⁠ Hettie tells hosts Gillian Tett and Robin Wigglesworth how Simon orchestrated a deal that was so revolutionary, and so ...
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