Are Private Equity Firms Plundering the U.S. Economy? (Update)
20 October - 48 minsThey say they make companies more efficient through savvy management. Critics say they bend the rules to enrich themselves at the expense of consumers and employees. Can they both be right? (Probably not.)
SOURCES:Brendan Ballou, C.E.O. of the Public Integrity Project.Dan Glickberg, venture-capital investor.Hannah Howard, food writer.Sachin Khajuria, investor.
RESOURCES:Plunder: Private Equity's Plan to Pillage America, by Brendan Ballou (2023).Two and Twenty: How the Masters of Private Equity Always Win, by Sachin Khajuria (2022)."Local Journalism under Private Equity Ownership," by Michael Ewens, Arpit Gupta, and Sabrina T. Howell (NBER Working Paper, 2022).“Owner Incentives and Per...
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