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Message: [QUOTE="The Yakk, post: 5104594, member: 9988"] LOL "It takes money to make money" is the favored cliche of every grifter that ever existed. When someone says that to you in a pitch, you should run. As I read your ongoing defense of the PE fantasy--in the face of some very good criticism from ZooCougar and others, which you ignore in favor of childish arguments like those quoted above--it strikes me that you have very little understanding of the purpose these investors serve. Private equity investors exist so that the owner class--including mainly the investors themselves--can extract as much value as possible from the enterprise. They do not care at all about the betterment of the employees, or the customers, or the running of the business itself. If any of those things happen, it is an accidental byproduct. PE firms are pure capitalism, period. What exactly are you rooting for when you root for UConn? Are you rooting for the taxpayers of the State of Connecticut to run the most profitable college scheme in existence? To make the Fortune 100? If you are, then your PE dream makes some kind of perverted sense. Most of us here--and probably you, too, if you think about it--are rooting for our teams to win. Beyond that, we are rooting for prestige and acclaim for our beloved school. UConn is a top 30 public University; I would love for it to become top 10. PE money will be an active hindrance to all that. Profits come first, above all. How will you feel if Hurley has to cut one of Luke or Kimani because the PE creeps have to get paid? Or if UConn has to fire instructors and double class sizes to keep the cash flowing? I sometimes wonder how many of us actually paid attention in college... [/QUOTE]

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