Carried interest: House Democrats have introduced a bill to tax carry as ordinary income. Chris Witkowsky has the details.
GPB: It’s been about a year since we first reported fraud allegations aimed at private equity firm GPB Capital, but this month brought indictments by the Eastern District of New York and further suits filed by the Securities and Exchange Commission and a number of state regulators. More details on those events, with links to some of our past reporting, here.
Email prepared by Graham Bippart