Pension Funds and Private Equity: A Complex Relationship

Private equity has become one of the most powerful — and least understood — forces in the American economy. In recent decades, firms have taken over everything from retail chains to hospitals to housing — often with little risk to themselves and with real consequences for workers and communities. In her new book, Bad Company: Private Equity and the Death of the American Dream, journalist Megan Greenwell breaks down how this industry is quietly reshaping American life. Greenwell sat down with Apple News In Conversation host Shumita Basu to share the stories of people pushing back against these entities to protect their jobs, their families, and their homes.