(Bloomberg) -- The managers of hedge funds and
private-equity firms, whose huge profits and lavish lifestyles
have made them a target of Congress, are fighting back by
portraying themselves as the champions of the little guy.
The Private Equity Council, a Washington-based trade
association founded by Blackstone Group LP, the Carlyle Group
and Apollo Management LP, has retained an army of lobbyists to
derail legislation that would raise their taxes.
Read more at Bloomberg Bonds News
private-equity firms, whose huge profits and lavish lifestyles
have made them a target of Congress, are fighting back by
portraying themselves as the champions of the little guy.
The Private Equity Council, a Washington-based trade
association founded by Blackstone Group LP, the Carlyle Group
and Apollo Management LP, has retained an army of lobbyists to
derail legislation that would raise their taxes.
Read more at Bloomberg Bonds News
