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Podcast: Decoder with Nilay Patel
Episode: Remix: How private equity took over everything
Description: Private equity is a simple concept — a PE firm uses some combination of money and debt to buy a company, then makes a profit — but the reality of what happens to the companies that get acquired is anything but. It's everywhere, and it's not going away. In this summer remix, we're talking with Brendan Ballou, author of Plunder: Private Equity’s Plan to Pillage America, about how we got here and what happens next. Links:
Private equity bought out your doctor and bankrupted Toys“R”Us — here’s why that matters | The Verge
Private equity a...