Not Exactly the Nation’s Entrepreneurial Capital
February 11, 2012 | Washington Post
A series of columns on the Washington regional economy is bound to generate a good deal of e-mail reaction. The request for big ideas brought lengthy, passionate briefs, all worthy ideas but not exactly the economic turbochargers I was seeking. More noteworthy is what I didn’t get, which was much disagreement with the basic premise
Private Equity Industry Attracts S.E.C. Scrutiny
February 13, 2012 | New York Times
In recent years, the private equity industry has escaped much of the regulatory scrutiny that has been directed toward hedge funds and Wall Street banks. But that appears to be changing. The Securities and Exchange Commission has begun a broad examination of the private equity industry, seeking information about the business practices of some of the country’s most powerful financial firms.
Business Owners Adjusting to Overhaul of Patent System
February 9, 2012 | New York Times
The most sweeping patent system changes in more than 50 years became law in September with enactment of the America Invents Act, which the White House has said will help turn inventions into businesses faster. Entrepreneurs and small-business owners who rely on the patent system to protect their intellectual property are just starting to understand the changes, which phase in over an 18-month period ending in March 2013.
Pension Funds Get Queasy over Private Equity
February 10, 2012 | Bloomberg BusinessWeek
Mitt Romney’s campaign for the Republican Presidential nomination may be creating funding headaches for his former colleagues in the private equity industry. Romney’s opponents have characterized Bain Capital—the firm he helped found in 1984 and left in 1999—and other buyout managers as corporate looters who enrich themselves at the expense of ordinary workers.