Description
Book Synopsis: The authoritative exposé of private equity: what it is, how it kills businesses and jobs, how the government helps, and how we stop it. Private equity surrounds us. Firms like Blackstone, Carlyle, and KKR are among the largest employers in America and hold assets that rival those of small countries. Yet few understand what these firms are or how they work. In Plunder, Brendan Ballou explains how private equity has reshaped American business by raising prices, reducing quality, cutting jobs, and shifting resources from productive to unproductive parts of the economy. Ballou vividly illustrates how many private equity firms buy up retailers, medical practices, prison services, nursing-home chains, and mobile-home parks, among other businesses, using little of their own money to do it and avoiding debt and liability for their actions. Forced to take on huge debts and pay extractive fees, companies purchased by private equity firms are often left bankrupt, or shells of their former selves, with consequences to communities that long depended on them. Perhaps most startling is Ballou’s insight into how this is happening with the active support of various arms of the government. But, as Ballou reveals in an agenda for reining in the industry, private equity can be stopped from wreaking further havoc.
Details
Plunder: Private Equity's Plan to Pillage America is the groundbreaking book that exposes the shady strategies and deceptive practices of the private equity industry. If you thought you knew how these financial giants operated, think again. This eye-opening read will shatter your preconceived notions and equip you with the knowledge to protect yourself and your loved ones from their ruthless actions.
With Plunder, you will gain an inside look into the world of private equity and understand how they exploit struggling businesses, workers, and even entire communities. This meticulously researched and expertly written book will pull back the curtain on their plundering tactics, revealing the devastating consequences they leave in their wake.
Discover the real stories of individuals and businesses who fell victim to private equity's greed and learn how you can avoid being the next target. Armed with this information, you can make informed decisions about your investments, employment choices, and support local businesses that build stronger communities.
Don't be left in the dark about the true intentions of private equity firms. Plunder is your guide to understanding their questionable practices and protecting yourself from their pillaging ways. Take action today and get your hands on this enlightening book that will empower you to navigate the treacherous waters of the financial world and make sound choices. Get your copy of Plunder: Private Equity's Plan to Pillage America now!
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