14 Jan 2012

The Shadowy World of Private Equity

A transcript has been released of the Federal Reserve's meeting in January of 2006 and it's filled with lots of laughs, and praise for Alan Greenspan, as well as a complete lack of knowledge of the economic crisis to come. We're also taking a look at Mitt Romney's past with Bain Capital and ask what is it that Private Equity firms do? William Black, author of "The Best Way to Rob a Bank" and Josh Kosman author of "The Buyout of America" join the show. Source