Small Business Advocate: Private equity, small business are a lot alike Jim Blasingame @memphisnews @resilient_ent

The private equity industry has become part of the election year debate.
Recently, a former leader in the private equity sector and former Obama administration "car czar," Steven Rattner, weighed in with support for private equity by allowing that these firms are completely legitimate and add value to our economic system.
"But," Rattner added, "... private equity firms are founded and managed for profit ... any job creation is a welcome but secondary byproduct."

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