Private equity firms would take a serious hit if President Barack
Obama's proposal to regulate banks becomes a reality. The
President's plan, aimed at limiting risky bank behavior, would ban
financial institutions from operating or investing in PE funds,
which get roughly 10% of their total investment from banks. Jones
Day partner Bob Kennedy says "PE is not a short-term, high-risk
investment class" and shouldn't be lumped in with the reckless
lending that triggered the financial crisis. Watch the video below
or download it at iTunes. - Suzanne Stevens