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Ballou, Brendan.
Subjects
Private equity -- United States.
Economics -- United States.
United States -- Economic conditions.
Browse Catalog
by author:
Ballou, Brendan.
by title:
Plunder : private eq...
by call number:
332.60973 B193p
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Ballou, Brendan.
Private equity -- United States.
Economics -- United States.
United States -- Economic conditions.
MARC Display
Plunder
:
private
equity
's
plan
to
pillage
America
/ Brendan Ballou.
by
Ballou, Brendan.
PublicAffairs, 2023.
Call #:
332.60973 B193p
Subjects
Private
equity
-- United States.
Economics -- United States.
United States -- Economic conditions.
ISBN:
9781541702103 (hc)
Edition:
1st ed.
Description:
viii, 353 p. ; 24 cm.
Bibliography:
Includes bibliographical references and index.
Summary:
"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."--Publisher.
Holds:
1
Copy/Holding information
Location
Collection
Call No.
Item type
Status
Due Date
Alderney Gate Public Library
Adult Nonfiction
332.60973 B193p
Adult books
Checked out
Jun 29, 2024
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