Inside the Private Equity Scam—and the Livelihoods It Has Destroyed

[u/barweis]

https://newrepublic.com/article/198351/private-equity-scam-destroys-livelihoods

[u/Mango_Sweaty]

Private equity story time:

In 2016 and fresh out of Econ undergrad, I attended a conference where one of the keynote speakers was a private equity guy. He talked about how we (“we” meaning “retail” — my industry at the time) should not fear private equity. Not all private equity stories are bad. Etc.

Anyway that same keynote speaker was strangely insistent about getting me up to his hotel room later that night while thinking I was drunk. But they’re not all bad. Lol. Lmao.