Equity takeover of the finance section. Carol i enjoyed it and learned a lot. It is this weeks cover story. Bloomberg businessweek editor joel weber joins us now. Private equity touches us in so many ways. Joel we couldnt keep listening to jason go on and on. When we got together about the different ways private equity touches us, we realize there was a bigger story here, which was in the last decade, since the financial crisis, nobody won this decade as much as private equity. Jason now weve got questions and thats how this story shaped up. You posed them to a lot of us in the newsroom. Joel we realized there was a lot of different places we want to go. The fact d. C. Has carried interest. So far, thats bit untouchable. If things change in d. C. , we might see that change. Carol we did see lobbying in terms of private equity firms. They are spending tons of money. Joel tons of money. Also returns. Everyone wants big returns. A World Without yield anywhere, how do i get roi . Private e
Coming up with a transition between contract a and b. None of the product is pr pro py tore. We by it and own it and get to use it. Ill just tell you where im at. I was here in 2017 and i owned it then and i will own it now. Once you sign off on something, you dont walk back. We had a discussion in 2017 and this would all come up and laid out. And i supported it then and i support it now. I appreciate what youre saying. Whatever, but we signed off on this as a commission. And everyone commission there, i was here, president brandon, commission kunalokis and commission katz, we had this discussion and it was tough. I cant see this putting this out to bid i mean, we have to own this. We signed off on it. Im going to vote in favour because i agreed to do that. But to stop everything and then you want it back out to bid, i cant support that. We have to live with that and i hope weve learned something from this process. But i tell you where im at and if youre worried its no good, you cant s
Equity takeover of the finance section. Carol i enjoyed it and learned a lot. It is this weeks cover story. Bloomberg businessweek editor joel weber joint is now. Private equity touches us in so many ways. Keep listeningt to jason go on and on. When we got together about the different ways private equity touches us, we realize there was a bigger story here, which was in the last decade, since the financial crisis, nobody won this decade as much as private equity. Jason now weve got questions and thats how this story shaped up. You post them to a lot of us posed them to a lot of us in the newsroom. Joel we realized there was a lot of different places we want to go. The fact d. C. Has carried interest. So far, thats bit untouchable. If things change in d. C. , we might see that change. Carol we did see lobbying in terms of private equity firms. They are spending tons of money. Joel tens of money. Also returns. Everyone wants big returns. A World Without yield anywhere, roi . O i get roy
Section. Carol i enjoyed it and learned a lot. It is this weeks cover story. Bloomberg businessweek editor joel weber joint is now. Private equity touches us in so many ways. Joel we couldnt keep listening to jason go on and on. When we got together about the different ways private equity touches us, we realize there was a bigger story here, which was in the last decade, since the financial crisis, nobody won this decade as much as private equity. Jason now weve got questions and thats how this story shaped up. You posed them to a lot of us in the newsroom. Joel we realized there was a lot of different places we want to go. The fact d. C. Has carried interest. So far, thats bit untouchable. If things change in d. C. , we might see that change. Carol we did see lobbying in terms of private equity firms. They are spending tons of money. Joel tons of money. Also returns. Everyone wants big returns. A World Without yield anywhere, how do i get roi . Private equity promises that. Jason some
Coming up with a transition between contract a and b. None of the product is pr pro py tore. We by it and own it and get to use it. Ill just tell you where im at. I was here in 2017 and i owned it then and i will own it now. Once you sign off on something, you dont walk back. We had a discussion in 2017 and this would all come up and laid out. And i supported it then and i support it now. I appreciate what youre saying. Whatever, but we signed off on this as a commission. And everyone commission there, i was here, president brandon, commission kunalokis and commission katz, we had this discussion and it was tough. I cant see this putting this out to bid i mean, we have to own this. We signed off on it. Im going to vote in favour because i agreed to do that. But to stop everything and then you want it back out to bid, i cant support that. We have to live with that and i hope weve learned something from this process. But i tell you where im at and if youre worried its no good, you cant s