Friday, March 23, 2018

Obama used executive powers to benefit close friends' private investment firms: Book

Obama used executive powers to benefit close friends' private investment firms: Book:

Image result for flickr commons images obama"“A curious pattern began to emerge,” Schweizer said in his book. “Obama and his administration would attack industries with government power, which led to substantially lower valuations for these companies. Nesbitt and Vistria, or others close to Obama, could then acquire those assets for pennies on the dollar.”
The book said one of the most visible targets of this scheme was the for-profit higher education industry. Obama concluded in 2013 that for-profit schools such as University of Phoenix, ITT Technical Institute, and DeVry University victimized students."

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