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...there something Henry Kravis wants but can't afford to buy? Seems unlikely: according to Forbes, he's worth $2.6 billion. So is he addled by greed or what? Kravis, Stephen Schwarzman and other princes of private equity (the financial deal of the moment) have been visiting Congress and wielding their checkbooks in an effort to save a tax-code provision that allows them to pay an income tax of 15% rather than the normal top rate of 35%. Have they lost their minds...

Author: /time Magazine | Title: Private-Equity Pigs | 7/19/2007 | See Source »

Ordinarily, the concept of greed isn't very useful in trying to understand the economy. We are all greedy. We'd all like more. The magic of capitalism turns our individual greed into general prosperity. But maybe an especially virulent strain of greed is spreading, something like bird flu. Maybe this is a greed so profound that it blinds its victims to their obvious self-interest. Maybe this greed can turn the brightest men into fools. It's hard to think of any other explanation...

Author: /time Magazine | Title: Private-Equity Pigs | 7/19/2007 | See Source »

...Multinational pharmaceutical companies are out of hand with their pricing. While it is acceptable that they should make a reasonable profit, they have gone beyond that in what they charge in the U.S. Some of their profit margins reveal their obscene greed. Why do medications cost 77% more in this country than they do in Canada? We have the best politicians money can buy. Phyllis Ray, Greenwich, Connecticut...

Author: /time Magazine | Title: Inbox | 6/7/2007 | See Source »

...Multinational pharmaceutical companies are out of hand with their pricing. While it is acceptable that they should make a reasonable profit, they have gone beyond that in what they charge in the U.S. Some of their profit margins reveal their obscene greed. Why do medications cost 77% more in this country than they do in Canada? We have the best politicians money can buy. Phyllis Ray, GREENWICH, CONNECTICUT...

Author: /time Magazine | Title: Will Gore Get on the Trail? | 6/6/2007 | See Source »

Multinational pharmaceutical companies are out of hand with their pricing. While it is acceptable that they should make a reasonable profit, they have gone beyond that. Some of their profit margins reveal their obscene greed. Why do medications cost 77% more in this country than they do in Canada? We have the best politicians money...

Author: /time Magazine | Title: Inbox: Jun. 11, 2007 | 5/31/2007 | See Source »

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