Wealthion - Be Financially Resilient Gretchen Morgenson: Our Economy Is Being Plundered By Wall Street Elites
Aug 9, 2023
Wealthion interviews Gretchen Morgenson, a Pulitzer-prize winning investigative journalist famous for her work on the financial markets. She discusses her new book on private equity, highlighting their abusive practices and how they undermine the economy. Topics include heavy debt loads, negative impact on acquired companies, flaws in the business model, lack of accountability, and the impact on housing and mortality rates. She emphasizes the need for transparency, regulatory oversight, and investor protection.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 2min
Exploring Private Equity and Assessing the Global Economy
01:59 • 2min
The Impact of Private Equity on Acquired Companies
04:07 • 10min
Flaws in the Private Equity Business Model
14:20 • 23min
Exposing the Practices of Wall Street Elites
36:51 • 9min
The Lack of Accountability and Regulatory Enforcement in Wall Street
45:44 • 3min
The Impact of Large Institutional Investors on Housing and Mortality Rates
48:56 • 9min
Transparency and Regulation in Investing
58:13 • 5min