This is absolutely critical for every American to understand.
I work for a company acquired by an equity firm. All of this 100% on point. I cannot believe the things I've witnessed. It should all be illegal.
Private equity quietly took over major sectors in America? Healthcare, banking, even fast food chains?
This woman is able to explain a complex topic beautifully.
Thanks for exposing this, Gretchen and Chris. It's so important for people to see these dark dealings clearly in the light of day. ☀️
VAMPIRES is more of an appropriate term to describe these Private Equity firms.
Working to expose, dismantle and hold accountable people who run these firms will change America, not who you vote for as president. The Sad part is that most people will never watch this and would rather watch Netflix, go to sleep just to go back to their lousy job the next morning.
The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.
Shelter,food and healthcare should be protected by law from the greed lust by private equity crooks.
Thanks Chris and Gretchen for keeping eyes on these corrupts. Much appreciation for keeping us informed.
Plunder rhymes with blunder. Because every dog has its day. Thank you Mr. Hedges.
This is an AMAZING report on Private Equity firms and how they bleed healthy businesses dry to make hundreds of millions of dollars in profit!! Thank you for producing this!
This ought to have millions of views and reposted all over.
It's important to note: that most of these firms make money by shrinking the economy, instead of growing it. It's a different type of capitalism. It's not industrial capitalism....It's financial capitalism, a raunche, rent seeking economy.....
Not just private companies, many so called “non profits” especially in healthcare are being run like for profit businesses while reaping the benefits of federal subsidies and tax breaks.
This is what happened to our local K-Mart, and Macy's. And then they blame the business for the "debt" and tell the public they are "rescuing" the failing business.
Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.
Stability is a result of our economy's struggles with uncertainty, housing issues, foreclosures, global volatility, and the pandemic's consequences. To restore stability and promote growth, all sectors must respond quickly to concerns about growing inflation, slow growth, and trade disruptions.
A friend and i stepped on the toes of one of the Carlyle Group's companies, Synagro, a company that processed sewage waste to be used as fertilizer sprayed on farm fields. The harassment from the company was diabolical.
@kataroquasinzki7383