Five years on from the financial crisis and banker bashing remains fair game. The lack of support for Britain’s lenders in the face of often fraudulent class-action claims, for example, would be unforgivable in normal times. Today, heads turn the other way. Hedge funds, on the other hand, are mostly left in peace. Last week’s news of 41-year-old Greg Coffey’s retirement from Moore Capital Management met with almost no resentment, in spite of his huge rewards. But there is no such luck for private equity, an industry increasingly portrayed alongside the banks as one of the bad guys.
(Evan Vucci/AP)
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