Private Equity And Hedge Fund Barons Having A Hissy Over Carried Interest Grift Because Biden Isn t Staying Bought
Your humble blogger will endeavor unpack the multi-layered kabuki battle brewing over the indefensible and mislabeled carried interest loophole. If you believe the press, Biden is taking aim at it. Since the carried interest abuse had supposedly been an endangered species for at least a decade, yours truly is not about to take the hissing and spitting about its imminent demise seriously until its death really does look, well, imminent.
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Readers, today you blew through our goal of 325 donations with 397. I am very grateful. (Of course, if you came in late, you can still join in!) A reader wrote:
I cannot thank you and Yves enough for the daily education I get from the Naked Capitalism site, and from the comments too.. I appreciate nothing more than folks that are pretty much straight down the middle, intellectually honest in a way that sees through the clutter (BS, or horsefeathers as my grandfather would say, the gentleman he was), and challenges me to rethink so much of what I thought I knew as a younger man.
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Dear Readers,
We have not met our goal of 325 donors: We are at
210 214 thank you! so I hope there are 325 – 214 = 111 of you who can step up and throw a tip into the jar for all last year’s Water Coolers, thereby encouraging me to keep going for the coming year (which is shaping up to be very, very busy). As I promised last year: If I come down with the virus, heaven forfend, I promise to keep blogging right through it!
Here are some of the reasons contributers give for supporting Water Cooler :
“THANKS LAMBERT FOR ALL YOUR WORK. ”
“Thank you for your great work.”
Dear Readers,
As you know, I hate to talk about money for those direct souls who can’t stand to watch me circle round the topic, my goal this year is 325 donors, and you can click here for the tip jar; dig deep! so I thought I would begin this year’s fundraiser by quoting some nice things you all said about Water Cooler:
Thank you ever so much for Water Cooler! –CG
Thank you for all your work this year. You are such a mensch! –HF
Thanks for your hard & quality work –ML
Thanks for all the hours you put in at Naked Capitalism –JP