Ep 16: How Private Equity is Plundering America (with Brendan Ballou)
Library of Mistakes
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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.
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