jackhutton 🇺🇸<p>“..but Powell was a member of the firm’s powerful investment committee and participated in all the firm’s U.S. buyout activities. His affinity for the private equity world would become clear in 2020 when under his tutelage, the Federal Reserve would announce an unprecedented program to buy $750 billion of corporate bonds, shoring up the market that is crucial for the privateers.”<br />These Are the Plunderers<br />Gretchen Morgenson & Joshua Rosner<br /><a href="https://mstdn.social/tags/privateEquity" class="mention hashtag" rel="tag">#<span>privateEquity</span></a> <a href="https://mstdn.social/tags/bookstodon" class="mention hashtag" rel="tag">#<span>bookstodon</span></a> <a href="https://mstdn.social/tags/nonfiction" class="mention hashtag" rel="tag">#<span>nonfiction</span></a> <a href="https://mstdn.social/tags/jayPowell" class="mention hashtag" rel="tag">#<span>jayPowell</span></a></p>