business

Private equity vows to help the world. Lenders want proof

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By Yoruk Bahceli and Simon Jessop

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© Thomson Reuters 2021.

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Private equity vows to help the world.

They want to greenwash their horrific record of using easy money to pillage the economy for the benefit of a few.

Carlyle's global head of impact Megan Starr said that its companies' self-reporting on sustainability targets was no different to how they report other data related to their debt covenants to creditors.

Exhibit A: The Carlyle group; infamous for its Iraq reconstruction graft during the Bush Years .

3 ( +4 / -1 )

Hehe. What a headline. Private equity is all about helping themselves. ESG is the latest finance scam designed to distract attention from the dark side

2 ( +3 / -1 )

Exhibit A: The Carlyle group; infamous for its Iraq reconstruction graft during the Bush Years .

That was only $1.5trillion though.

1 ( +3 / -2 )

Call me skeptical.

0 ( +0 / -0 )

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