The New York attorney general is investigating whether private equity firms converted fees into investments to reduce their tax bills, raising pressure on an industry bruised by the campaign season.
By NICHOLAS CONFESSORE, JULIE CRESWELL and DAVID KOCIENIEWSKI, NY Times: Politics
Sat, 09/01/2012 - 10:38pm
The New York attorney general is investigating whether private equity firms converted fees into investments to reduce their tax bills, raising pressure on an industry bruised by the campaign season.