Private Equity to Capitalism’s Rescue

Private Equity to Capitalism’s Rescue
The New York Stock Exchange in New York, on March 21, 2023. Peter Morgan/AP Photo
Thomas McArdle
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Commentary

Running a publicly traded company in America in 2023 is torture. Breaking the federal government’s voluminous rules, even unintentionally, can land you in prison.

If, for example, a judge or jury can be convinced that one of the investors in your public shares knew things that he shouldn’t have, and profited from the information, he will be tarred, feathered, and incarcerated as an insider trader, the moral classification of which in the present culture lies many notches beneath that of sexual deviant.

Thomas McArdle
Thomas McArdle
Author
Thomas McArdle was a White House speechwriter for President George W. Bush and writes for IssuesInsights.com
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