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Crony Capitalism Is Coming to America
Business success may increasingly depend on connections, not competence.Top stories - The New York Times - Yesterday -
Citadel's Ken Griffin says Trump's tariffs could lead to crony capitalism
"I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony capitalism," the billionaire investor said.Business - CNBC - 5 days ago -
Trump’s tariff plan would put US on path to ‘crony capitalism’, Griffin says
Founder of hedge fund Citadel also floats possibility of selling minority stake in firm to outside investorsBusiness - Financial Times - 5 days ago