Marrying the Devil in Texas - Private Equity and Environmental Interests in the TXU Case

Explore a 48-minute lecture from Yale University's "Capitalism: Success, Crisis and Reform" course, focusing on the TXU v. EDF case study. Delve into the complexities of a private equity deal involving an electric company and environmental interest groups. Examine the contrasting perspectives from Austin, TX and Washington DC, highlighting the importance of the "customer voter base" and public opinion in shaping corporate and political decisions. Learn how private companies can form alliances with environmental groups for mutual benefit. Discover insights on strategic rationality in different contexts, from Wall Street to K Street. Gain a comprehensive understanding of the interplay between capitalism, environmental concerns, and public policy through this in-depth analysis of a real-world case.