Focus (Forum & Focus)
Jun. 29, 2007
Private Equity's Public Duty
Forum Column - By Peter Scheer - Corporate America's attempt to move away from business transparency will undermine the strength of the economy.
By Peter Scheer
One of the great strengths of the American economy has been the relative openness of its largest national corporations.
Since the advent of federal securities regulation during the New Deal, big businesses have been required - as a condition of gaining access to U.S. capital markets - to disclose gobs of information about their financial condition, performance...
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