“Private Equity May Be the New Wall Street”

A reader reports that Larry Kudlow uttered those words earlier today on CNBC. Not quite sure if that means that private equity has supplanted Wall Street, or if it’s headed for a similar reckoning (if only RedLasso wasn’t in legal purgatory, I’d have the necessary context/confirmation). I assume the former, but both may be entirely accurate.

Either way — as Erin points out — that would make peHUB the new Wall Street Journal. I assume Rupert will be calling any moment now…

Update: Here’s a link to the video. Fast forward to around the 8-minute mark.