Is the Bain, KKR, Apollo Tax Probe About Politics?
Sept. 4 (Bloomberg) -- New York Attorney General Eric Schneiderman is probing a practice that reduces tax liability of the buyout firms by converting management fees paid by their investors into fund investments, which are taxed at a lower rate. Cristina Alesci reports on Bloomberg Television's "Lunch Money." (Source: Bloomberg)
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Wells Fargo Shareholders Re-Elect All 15 Board Members
46:34 - Wells Fargo & Co. board members narrowly survived a shareholder vote in the wake of the bank’s account scandal, with some eking out such razor-thin majorities that it may hasten their departures. Bloomberg's Laura Keller reports on "Bloomberg Markets." (Source: Bloomberg)