2/28/23: General Milley Says Ukraine Must Negotiate, Hillary Calls For Putin Regime Change, SCOTUS Student Debt Relief, Trump Attacks Fox, Brett Favre Serves Pat McAfee, Nina Turner on CNN, Affirmative Action, Private Equity Destroys Shopko
Breaking Points with Krystal and Saagar
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The Dark Side of Private Equity
This chapter explores the harmful practices of private equity firms, using the retail giant Shopko as a case study. It illustrates how leveraged loans and real estate manipulations contribute to the decline of companies, negatively impacting employees and communities. The discussion critiques the profit-driven nature of private equity, emphasizing the cyclical financial burdens placed on businesses, leading to their degradation.
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