Private Equity Guts Everything from Red Lobster to Hospitals: Let's Talk About the Economy Episode 6
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YouTubeSenator Elizabeth Warren
Private Equity Guts Everything from Red Lobster to Hospitals: Let's Talk About the Economy Episode 6
K-Mart, Sears, PayLess, ToysRUs. What happened to all these stores? Private equity. From Red Lobster to nursing homes and apartment complexes, here’s what happens: Private equity marches in, a few wealthy investors buy the outfit, load it up with debt, strip out the assets, and suck money out of it until it collapses. Then, after thousands ...
382.3K views7 months ago
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