Wednesday, November 22, 2023

Podcast for Inquiry S02E24: Gretchen Morgenson on her book These are the Plunderers: How Private Equity Runs -- and Wrecks -- America

What is Private Equity, and how does it work? Gretchen Morgenson (@gmorgenson) is a Pulitzer-winning journalist whose latest book is These are the Plunderers. Gretchen exposes the bad and often illegal activities of Private Equity firms, and tries to explain why they have been allowed to get away with it for so long. She describes how Private Equity firms operate behind the scenes to ensure the loopholes that substantially reduce their tax bills are never closed, and details recent events that might give cause for hope. 

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1 comment:

  1. Smart people make money cleanly, without the need to resort to dirty tricks. Cunning/manipulation are not the same as intelligence, and are the recourse of C-student types who would never get anywhere on brainpower alone. No one's impressed, least of which the best women (smart, beautiful, rich), so enjoy your genetic cesspool downward spiral...

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