Is this private equity’s ‘Custer’s last stand’?

The unions are rampant, baying for private equity blood. No image sums it up better than Paul Moloney saying in The Observer that ‘we will chase them down every rat hole to find out where they are getting their money from and who they are ripping off. They’re on Custer’s last stand.’

Which is an odd historical reference, to say the least.

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