This article raises 3 key issues related to private equity – 1) when there is a failed IPO do the PEs mark down the private valuation on the assumption that failed IPO implies that private value is too high?, 2) what is the process to ensure private sales and/or swaps are properly valued and arm’s …
Workers exploited at farms supplying UK supermarkets: report https://www.theguardian.com/business/2019/oct/10/workers-exploited-at-farms-supplying-uk-supermarkets-report?CMP=Share_AndroidApp_WordPress
84% of care home beds in England owned by private firms https://www.theguardian.com/society/2019/sep/19/84-of-care-home-beds-in-england-owned-by-private-firms?CMP=Share_AndroidApp_WordPress
Blame Economists for the Mess On the contribution of economists to persistent inequality. We’re In https://nyti.ms/2KUw5bm
World’s Fastest-Growing Economy May Not Be So Fast After All Economic data should not be an instrument for political manipulation. https://www.bloomberg.com/news/articles/2019-06-11/world-s-fastest-growing-economy-may-not-be-so-fast-after-all
Austerity to blame for 130,000 ‘preventable’ UK deaths – report More evidence of disastrous right wing Tory austerity policies. https://www.theguardian.com/politics/2019/jun/01/perfect-storm-austerity-behind-130000-deaths-uk-ippr-report?CMP=Share_AndroidApp_WordPress
Distressed Greeks Say ‘What Recovery?’ as Banks Seize Homes https://www.bloomberg.com/news/articles/2019-05-03/distressed-greeks-say-what-recovery-as-banks-seize-homes
Central Banks Play a Game of Risk Management https://www.wsj.com/articles/central-banks-play-a-game-of-risk-management-11552233573
Delay to tax havens’ public registers ‘risks national security’ https://www.theguardian.com/world/2019/feb/21/delay-to-tax-havens-public-registers-risks-national-security?CMP=Share_AndroidApp_WordPress
A Tiny Screw Shows Why iPhones Won’t Be ‘Assembled in U.S.A.’ Fascinating case study on the challenges of Buy American policies. https://nyti.ms/2HBT2QK