Who's Scrooge?(The Talk of the Town)(Henry Kravis and the 'War on Green' )

Publication: The New Yorker

Publication Date: 24-DEC-07

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COPYRIGHT 2007 All rights reserved. Reproduced by permission of The Condé Nast Publications Inc.

The holiday season often arrives with a movie villain, and this year, in the tradition of "It's a Wonderful Life" (Old Man Potter) and "Bad Santa," comes "War on Greed," a series of Internet shorts whose first installment focusses on the putative Scrooge-like misdeeds of Henry Kravis, the private-equity man. The film, by Robert Greenwald, drafts Kravis as the new Grinch, and it argues for more regulation of the private-equity industry, juxtaposing images of Kravis's lavish life style (houses on Park Avenue and in Palm Beach and the Dominican Republic) and advantages (the fifteen-per-cent tax rate on capital gains) with commentary by ordinary Americans. Q: "What would...

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