Gretchen Morgenson: From Wall Street to Journalism
Masters in Business
00:00
The Pushback to Private Equity
The U.S. has been wildly over retailed 20, I think in 2007, we had 24 square feet per capita versus Europe, which was like 14 and Japan,. So we really had far more retailers than we knew what to do. We built way too many malls. And ultimately, this was going to go through a huge set of changes. If it wasn't for the private equity below the four biggest companies, there's very little sources of capital for these hundred, 500, 700 million dollar firms that Wall Street ignores.
Transcript
Play full episode
