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Sell Block: Dump Private Equity

Private equity companies rode low interest rates as far as they could, buying and flipping businesses at massive profits and working the system to pay as little tax as possible. Then CEOs like Wes Edens of Fortress Investment Group and Steve Schwarzmann of Blackstone Group sold their company shares to a public frothing at the mouth for some of that money. Too bad the ride was over by then.

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  • Jim Cramer

    Jim Cramer is host of CNBC's "Mad Money" and co-anchor of the 9 a.m. ET hour of CNBC's "Squawk on the Street."

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