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Dark Money Is Still a Problem - InsideBusiness
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When I started working on the reputation of private equity funds in the mid-00s, there was far less regulation of the financial sector than there is today. I was supposed to unite the industry around common standards for good corporate governance in an attempt to avoid heavy regulation. The idea was to preempt regulation through more openness and self-regulation. But the political mood was moving in a different direction. The large private equit…
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