If you think unregulated private equity is bad, just wait til you see regulated private equity.https://twitter.com/ewarren/status/1182685137470967808 …
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I do think there is a case to regulate PE out of journalism. If you view journalism as a necessary component of a democratic society, PE groups have shown time and again how destructive they are toward that business.
Blame PE for dismantling newspapers is like blaming vultures for picking apart roadkill.
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Only if roadkill was deemed a necessary component of a healthy democracy.
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To continue with the analogy, banning vultures won’t bring roadkill back to life.
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