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November 12, 2019

When Politicians Condemn the Evils of Finance, Even Jewish Leftists Should Be Wary

When Elizabeth Warren talks of private-equity “vampires.”

In an essay published this summer outlining portions of her economic program, the senator and presidential candidate Elizabeth Warren wrote that “far too often, the private-equity firms are like vampires—bleeding the company dry and walking away enriched even as the company succumbs.” Elyse Wien, although admittedly sympathetic to Warren’s politics, detects a sinister note:

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