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Behind the News: Rule by Private Equity w/ Megan Greenwell

Jacobin Radio

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Private Equity's Double-Edged Sword

This chapter examines the consequences of private equity investments on workers, focusing on a notable case where employees received hardship funds instead of severance. It highlights the conflicting interests of public pension funds and private equity firms, revealing how financial strategies can undermine labor security while impacting retirees' investments.

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