The Role of Private Equity Firms in the U.S. Economy

The Role of Private Equity Firms in the U.S. Economy

GOP presidential front-runner Mitt Romney says he's been a job creator. Opponents argue he was a corporate raider. Diane and her panel will examine the role of private equity firms in the U.S. economy.

The GOP is considered to be the party of free enterprise. So it surprised some how ferociously Republican presidential hopefuls attacked rival candidate Mitt Romney for his record at Bain Capital. Newt Gingrich accused Romney of "looting" companies and Rick Perry called him a "vulture capitalist." Romney, the current GOP front-runner, did invite scrutiny with his boast of creating 100,000 jobs through Bain, his private equity firm. It's a figure economists say is almost impossible to tally. Diane and her guests will explore the role private equity firms play in the U.S. economy.

Guests

Eileen Appelbaum

senior economist, the Center for Economic and Policy Research.

Megan McArdle

senior editor, The Atlantic, covering business and economics.

Steven Kaplan

Neubauer Family professor of entrepreneurship and finance, The University of Chicago Booth School of Business.

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