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 ...
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