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by triceratops 121 days ago
Because the thing you want to ban isn't well-defined.
1 comments

But do you agree that there are a set of bad actors who fall under the (not well-defined) term of "private equity"?

Is this a definitional quibble or do you not believe there is a problem?

I accept there's a problem. I don't believe there's a simple, one-size-fits-all solution. It'll take years, possibly decades, of regulatory and anti-trust work across every industry. Tons of political will and capital.
It is important definition. As private equity can mean anything not publicly traded.

I do support banning certain financial actions. Like paying dividends with debt. Or structuring deals that achieve same effect. On other hand I would also ban stock buybacks.