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Advisors, Private Equity

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PE fees have been in the news lately, and last week, Bloomberg took a closer look at Victor Fleischer. Private equity’s Lex Luther, he’s railed against tax loopholes around carried interest for nearly a decade. Now, “he’s going even further, suggesting Congress do away with the favorable tax rate for capital gains altogether.”

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This Week in History… the stock market crashed hard, signaling the beginning of the Great Depression. (1929)

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