“Private equity” is a term we’ve all heard but which, if we’re honest, few of us understand. The basic idea is simple: Private equity firms make their money by buying companies, transforming them and selling them — hopefully for a profit. But what sounds simple often leads to disaster. #ifttt #nyt #opinion

Private Equity Is Gutting America — and Getting Away With It “Private equity” is a term we’ve all heard but which, if we’re honest, few of us understand. The basic idea is simple: Private equity firms make their money by buying companies, transforming them and selling them — hopefully for a profit. But what sounds simple often leads to disaster. Tags: ifttt, nyt, opinion via Pocket https://ift.tt/hTFEbdz April 29, 2023 at 12:32AM

Private Equity Is Gutting America — and Getting Away With It “Private equity” is a term we’ve all heard but which, if we’re honest, few of us understand. The basic idea is simple: Private equity firms make their money by buying companies, transforming them and selling them — hopefully for a profit. But what sounds simple often leads to disaster. Tags: private equity is gutting via Pocket https://ift.tt/hTFEbdz April 29, 2023 at 01:17AM