Behind the scenes, private equity angles for a piece of stimulus


 

(From SFGate.com)

The private-equity industry is pressing members of Congress and senior Trump administration officials, including President Donald Trump’s son-in-law Jared Kushner, to help them gain access to billions of dollars of stimulus funds to protect their riskier investments.
The rush of behind-the-scenes jockeying by the powerful financial sector has raised the prospect that an industry often known for slashing workforces could tap into the program designed as a life raft for small businesses.

Reprinted from: https://www.ac2news.com/2020/04/behind-the-scenes-private-equity-angles-for-a-piece-of-stimulus/

Leave a Reply

avatar
  Subscribe  
Notify of

More from Against Crony Capitalism: