About: Private-equity nabobs bristle at being dubbed mere financiers. […] Much of their pleading is public-relations bluster. Clever financial ploys are what have made billionaires of the industry’s veterans. “Operational improvement” in a portfolio company has often meant little more than promising colossal bonuses to sitting chief executives if they meet ambitious growth targets. That model is still prevalent today.       Sponge   NotDistinct   Permalink