The NCAA is…What, Exactly?
Slate Money
00:00
The Private Equity Model of Bankruptcy
The healthcare company Envision filed for bankruptcy and their press release, they listed like all these reasons, challenging business environment and customers. But that was the one thing they didn't mention, which would have saved them. The private equity model is basically that the private equity company buys the operating company. And if you file for bankruptcy, that is really just a sort of restr- financial engineering thing.
Play episode from 43:58
Transcript
