peHUB Second Opinion 10.15
Larry Summers is turning Populist: Big Finance vs. The Middle Class (Real Times Economics) In Defense of Smart Bankers: Yesterday I linked to Calvin Trillin's NYT op-ed that proclaimed the financial collapse was caused by smart people. Here is one rebuttal from Dealscape, and one defense from Felix Salmon. Private Equity Mad Libs: Here is just about any given headline about a private equity deal, fill in the blanks. "_______(deal) signifies private equity is ______(choose one: back, still dead)." Here are two from today: Brewing deal marks dawning of new PE era A Private-Equity Rebirth Is Premature Watch out: Goldman Sachs has pissed off a group of nuns. From what I can remember of Catholic school, that is the last thing you ever want to do. (Business Insider)
