The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

David Stockman, former budget director for former U.S. President Ronald Regan, leaves his arraignment at Manhattan Federal Court in New York March 26, 2007.
David Stockman, former budget director for former U.S. President Ronald Regan, leaves his arraignment at Manhattan Federal Court in New York March 26, 2007.
(KEITH BEDFORD/REUTERS)

Subscribers Only

Is private equity the ‘great deformation’?

The new Dr. Doom
David Stockman, former Reagan budget director and author of a controversial NYT op-ed, tells Fortune’s Katie Brenner who he thinks is destroying America and why private equity is the great deformation.

Meanwhile, Fortune’s Dan Primack asked back in 2010 why anyone would want to listen to him, ever.