2020 hopeful Warren pitches new private equity constraints
WASHINGTON (AP) ” White House hopeful Elizabeth Warren is proposing new regulations on the private equity industry, pitching constraints designed to end what she decries as “legalized looting” by investment firms that take over troubled companies.Warren’s plan, the latest in a series of policy ideas that have propelled the Massachusetts senator to the top tier of the 2020 Democratic presidential primary, would hold private equity firms liable for debts and pension promises made by the […]