A public company has to open its books for the SEC, its investors, and the world. PE is private - and so are its finances. It is absolutely routine for PE bosses to put their spouses, kids, and pals on the payroll and hand them *millions* for doing little to nothing, all at the expense of their investors:
https://www.nakedcapitalism.com/2022/02/sec-set-to-lower-massive-boom-on-private-equity-industry.html
18/
Cory Doctorow /
npub1yx…75qvv
2024-08-08 16:47:08
in reply to nevent1q…watw
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wss://relay.noswhere.comPublished at
2024-08-08 16:47:08Event JSON
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