The Week That Matters (27-31 May, 2024)

"Not all private equity people are evil. Only some." Paul Krugman

Was the LBO craze of the 1980s a good thing?

On May 20th of this year, an elderly man quietly died in his home in the affluent Southern Californian suburb of La Jolla. He could easily have been mistaken for being yet another boomer, who had done well in life, but there was nothing average about the man’s life story. The man who died was Ivan Boesky.

If th…