It's hard for the NYTimes to run stories on the evils of private equity when their employees and owners are completely intertwined with the people who work in that industry.

I can't overstate the degree to which all the different industries in New York socially overlap. The degree of separation between someone who works in technology, media, finance, publishing and advertising is 0 or 1. Those relationships become marriages, friendships, acquaintances, people sitting next to you at charity dinner.

Perhaps most critically the Times is a family owned business, the owners are billionaires, the current owner is also it's publisher. They have no interest in poking around the fundamental mechanics of how rich people operate in this country.

Shiny stories of fraud or insider trading or whistleblowing? Absolutely. But questioning the core mechanics of capital, especially capital centered in New York operates would never happen.