Eric Adams Confidant Is Among New York’s Highest Paid Public Employees The city had initially declined to reveal the salary of Timothy Pearson, who left a second job at a casino over the summer.
Revenge of the Founders: A Generational Struggle on Wall Street The abrupt departure of Kewsong Lee as Carlyle Group’s chief executive followed conflicts over how to run the financial firm.
Stock Buybacks and Dividends Become a $1.5 Trillion Political Target Companies have been criticized for the vast sums they are sending investors. Some of that money could be put to better use but for the most part, our columnist says, bring it on.
The Carried Interest Loophole Survives Another Political Battle The latest effort to narrow the preferential tax treatment used by private equity executives failed after Senator Kyrsten Sinema objected.
Carried Interest Is Back in the Headlines. Why It’s Not Going Away. Changes demanded by Senator Kyrsten Sinema will preserve a tax loophole that Democrats have complained about for years.