Blackstone Strikes Back Against Warren’s Accusations

The video discusses the conflict between Blackstone and Elizabeth Warren, focusing on Warren's accusations that Blackstone profited from the housing crisis. Blackstone defends its actions, claiming its investments stabilized the market. The discussion shifts to Maxine Waters, who highlights the Toys R Us case as an example of private equity issues. Warren's broader campaign targets private equity practices, including leverage limits and profit clawbacks, while noting support in Washington.

What actions did KKR and Bain take in response to the situation discussed?

What broader issues did Elizabeth Warren address regarding private equity?