Freakonomics Radio · Are Private Equity Firms Plundering the U.S. Economy? (Update)
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use shell corporations and legal doctrines to claim they are not the technical owners of a portfolio company, avoiding liability
“Combustible cladding can directly affect a purchaser's ability to borrow… we look out for whether the Owners Corporation carries public liability insurance.”
“You can avoid an underpayment penalty if you've paid… at least 90% of this year's tax liability or 100% of last year's liability… increases to 110% if prior year income > $150,000”
“You strictly avoid using it to automate high-stakes positioning or sensitive claims… if your base definitions are unclear, AI just scales your confusion faster.”
“‘About 70% of the time, if that claim is first aid only, we’ve avoided the clinical setting…’”
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