Coming up on Fareed Zakaria GPS on Sunday at 10 a.m. and 1 p.m. ET: the truth about private equity; what a “Grexit” would look like; and the unlikely case FOR municipal bankruptcies.
First, what really goes on at a private equity firm, and what does that say about U.S. presidential contender Mitt Romney? Fareed speaks to private equity insider and former Obama “car czar” Steven Rattner.
Then, historian Niall Ferguson runs through the likely chain of events that would take place if Greece exited the euro. How would it happen and what would the ramifications be?
In What in the World – there’s been a spate of bankruptcies of American cities. They’re gut-wrenching. But in reality, they may also have a crucial silver lining…
Also on the show, the ousted president of the Maldives on his country’s unrest. And a fun look at the tricks our brain plays on us, with scientist V.S. Ramachandran.