Barbarians’ defense—not all of us are barbarians
Private equity has:
- bought up emergency services
- crippled retailers
- worsened the housing crisis
-exacerbated the wealth gap
Watch @FSCDems efforts to examine the practices of #PrivateEquity firms here:https://www.youtube.com/watch?v=YZ15qdko7LQ&feature=emb_logo …
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Not every Private Equity firm. Some. Many industries or failing companies fail without debt and equity solutions and operational expertise. Pure LBO, financial engineering - yes - it has horror stories.
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Read the Wealth of Nations, you’ll learn something called Capitalism.
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