RESILIENT MEIA ENTERTAINMENT BENNY QUETELL

Monday, October 15, 2012

Your rent check is about to make private equity investors richer


So here’s a quick history quiz to start off the week. What was one of the key triggers of the global financial crisis we’re all still recovering from? OK, sure, easy enough you say, it was the total breakdown of the subprime mortgage market and the web of financial connections and commitments they built. OK, so you get an A. Now, if you’re on Wall Street that’s old news, and it’s hardly worth crying about something in the rearview mirror.

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