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Tuesday, May 22, 2012

OUR CITIZEN JOURNALISTS' THOUGHTS ON PRIVATE EQUITY: WE DON'T STAND WITH CORY!! PRIVATE EQUITY IS NOT THE SAME BRAND OF CAPITALISM AS YOUR NEIGHBORHOOD DELI RO NEWSSTAND!



We are agnostic about private equity.  But it is not the same capitalism as committed local ownership.  Capital equity is 5 years and out with the least amount of investment possible.  There is always an exit strategy for private equity.   We all know in your own neighborhood or house, a caring person makes investments because you have pride in your family or neighborhood.  This is not the creed of private equity.  So let's not confuse private equity with the local small businessman.  If you want to know how private equity works for the public sector, ask Chicagoans about Mayor Daley's parking meter deal.  So here are final questions about private equity?   Would private equity, God's noble capitalism, invest in the Western Pennsylvania Middle Class??   What is the 5 year exit strategy of the Western Pennsylvania Middle Class?  

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