bravenewfilms on January 19, 2008
Jeff Faux, author of The Global Class War, explains how the private equity buyout industry works, and how it hurts American workers and our economy.
Behind Henry Kravis’ buyout of Accuride
KKR made $79.8 million on the buyout of Accuride. Jeff Faux, author of The Global Class War, explains.
Congress needs to close the buyout industry’s tax loopholes
Jeff Faux explains that Congress has the power to change the tax code and close the buyout industry’s tax loopholes that let them rake in millions while paying less percentage in taxes than regular people.