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Reining in the biggest game in town

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Private equity firms have taken a hit from the recent subprime mortgage crisis, but they've also come in for scrutiny as politicians have focused on the mega-profits these investment firms have been making.“I think both in the UK and the US, there will be some tax legislation proposed which is designed to increase the taxes on PE activity,” says Joe Rice, one of the founders of Clayton, Dubilier and Rice (CD&R), which manages equity capital in excess of US$10 billion.

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en

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text/html

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http://knowledge.insead.edu/contents/Rice.cfm

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