4min chapter

Library of Mistakes cover image

Ep 16: How Private Equity is Plundering America (with Brendan Ballou)

Library of Mistakes

CHAPTER

The Impact of Private Equity Firms on the Average Citizen

One in five large companies acquired through leveraged buyouts called bankrupt in a decade. This is vastly more than the roughly 2% of comparable companies, not acquired by private equities that do so. Private equity ownership was responsible for an estimated 20,000 premature deaths in nursing homes. A lot of these now are getting into what may have been historically public service.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode