EPISODE · Jun 29, 2023 · 57 MIN
Episode 605: You’ve been warned-BRENDAN BALLOU-PLUNDER: Private Equity's Plan to Pillage America
from Free Forum with Terrence McNally · host Terrence McNally
With this episode, I’m reminded of when I did my first show on the sub-prime crisis. In PLUNDER, BRENDAN BALLOU, a federal prosecutor, explains how private equity has reshaped American business - from nursing homes to prisons, emergency rooms to apartment buildings - by raising prices, reducing quality, cutting jobs, and shifting resources from productive to unproductive parts of the economy. What’s worse, as of now PEs are legally shielded from liability for the consequences of their actions. You can learn more at plunderthebook.com.
What this episode covers
With this episode, I’m reminded of when I did my first show on the sub-prime crisis. In PLUNDER, BRENDAN BALLOU, a federal prosecutor, explains how private equity has reshaped American business - from nursing homes to prisons, emergency rooms to apartment buildings - by raising prices, reducing quality, cutting jobs, and shifting resources from productive to unproductive parts of the economy. What’s worse, as of now PEs are legally shielded from liability for the consequences of their actions. You can learn more at plunderthebook.com.
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Episode 605: You’ve been warned-BRENDAN BALLOU-PLUNDER: Private Equity's Plan to Pillage America
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