We really do need to know how pervasive private equity is in this country. It's very hard to find that information out. Consumers can't make the right decisions if they don't know who owns these companies. The FTC is starting to look into private equity in that way. I think DOJ is starting to... This is an area that has just been left to grow with very little oversight.
Josh Rosner, Managing Director at Graham Fisher & Co, and Gretchen Morgenson, Senior Financial Reporter for NBC News, discuss their book These-Are-the-Plunderers: How Private Equity Runs—and Wrecks America.
Hosts: Carol Massar and Madison Mills. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.