I have worked for a private equity firm for nearly six years, and I know there are many valid criticisms of the industry. I think the tour needed to give more simple detail on the kinds of activities that such companies engage in, and their effects on society, instead of going off on relatively unrelated tangents of arms sales bribery and public relations companies.
It was a tour worth going on, but definitely more focus and detail required for it to be truly educational. (And I was quite disappointed that we didn't go past my company.)
|Carlyle Group building.|
|George Bush senior, who was an advisor to the Carlyle Group.|
|Talking about short selling. (Which was promoted here as a cause of the financial crash, though I am not sure I would agree with that.)|
|Outside the office of the front company responsible for bribes to Saudi officials during the Al Yamamah arms deal.|