The Dual Edge of Private Equity

This chapter examines the rise of private equity firms and their significant impact on American industries, highlighting both revitalization and detrimental outcomes. It shares the speaker's journey of discovering private equity's complexities while at the Justice Department, discussing the ethical concerns and market dynamics it influenced since the 1970s. The chapter calls for regulatory changes to ensure that private equity contributes positively, addressing the risks of heavy debt, job losses, and other societal implications.