Private equity has become a hot topic in the presidential election, with both President Obama and Mitt Romney hurling barbs over the issue. But what’s the truth beneath the political rhetoric? We discuss the advantages and pitfalls to a business that makes some people very wealthy.
Sebastian Mallaby, senior fellow at the Council on Foreign Relations
Colin C. Blaydon, director of the Center for Private Equity and Entrepreneurship at the Tuck School of Business at Dartmouth
Eileen Appelbaum, senior economist at the Center for Economic Policy and Research