Remix: How private equity took over everything
Decoder with Nilay Patel
00:00
The Dark Side of Private Equity
This chapter investigates the troubling practices of private equity rollups, particularly how firms exploit bankruptcy to offload losses while remaining profitable. It critiques the impact of excessive debt on various industries, highlighting the challenges faced by businesses like Toys R Us and the implications of legal maneuvers that enable firms to evade financial responsibility. The discussion calls for public awareness and regulatory reforms to curtail the negative consequences of private equity on society.
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