Big banks have long had private equity divisions that put up capital for deals too complex or risky for individual shareholders to finance.
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About Alex Berenson
Alex Berenson was a contemporary American writer. Alex Norman Berenson is an American writer who was a reporter for The New York Times, and has authored several thriller novels as well a book on corporate financial filings. His 2019 book Tell Your Children: The Truth About Marijuana, Mental Illness and Violence sparked controversy, earning denunciations from many in the scientific and medical communities. Read more on Wikipedia →