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jblue ,
@jblue@mastodon.world avatar

Strongly recommend this book.

Author clearly explains how private equity firms are destroying essential industries, how they avoid legal responsibility for the disastrous consequences, who’s empowering them and how they can be stopped.

Private equity’s is to blame for much of the worst aspects of health care, housing crisis, the economy as well as the deepening wealth gap.

@bookstodon

freeagent ,
@freeagent@mastodon.sdf.org avatar

@jblue @bookstodon It’s on my list!

GreenMazza ,
@GreenMazza@aus.social avatar

@jblue @bookstodon thanks for the heads up - I will check it out. A good book I read recently was “Lie Machines” by Philip N Howard

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RustyBertrand ,
@RustyBertrand@mastodon.social avatar

@jblue @bookstodon

Also this one:

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callmeray ,
@callmeray@techhub.social avatar

@jblue @bookstodon Are there ANY redeeming qualities to private equity and hedge funds? I see none.

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dschulten ,
@dschulten@mastodontech.de avatar

@jblue @bookstodon

Bought. Here an interview with Brendan Ballou.

https://youtu.be/W2FACSYbv4Y?si=0_a2aDdYjelk7GUQ

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kest ,
@kest@kbin.melroy.org avatar

oh he didn't know what private equity was until 3-4 months into writing his book... and his employer is the Department of Justice which is the government? He looks a little egotistical considering he doesn't have much experience, feels like a smear job.

and his interviewers are even more pushing anti-capitalist rhetoric... and they make things about specific politicians...

I think they're just upset capitalists figured out how to dodge taxes by using debt lol

this is sounding less like an interesting book =[

I don't think he knows anything deep, I think this whole thing is an opinion piece

kest ,
@kest@kbin.melroy.org avatar

@jblue interesting

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