Private Equity's Plan to Pillage America with Brendan Ballou
The Lincoln Project
00:00
The Arrogance of Private Equity Firms
There's an inherent arrogance that is evident in the private equity industry. The new owners of Payless shoe source have never shopped at Payless, he says. There were really interesting stories when Sun Capital bought up Marsh Supermarkets. If you've got 25 or 30 stores across two or three states and your employees are happy, why sell?
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