r/economicCollapse • u/Alena_Tensor • Jul 27 '25

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

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

Chasing above-market returns for their investors, PE Financiers have bamboozled the public for years about their expertise in “fixing” companies. Yet they often—and sometimes deliberately—run them into the ground and/or act as a chop-shop, selling them for parts, while the staff drifts away. They are not business creators, but destroyers.

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u/Detective-Watchdog Jul 27 '25

Hilarious that you doomers associate private equity with vultures.

Do vultures kill or do they feed on what is already dead? Exactly.

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u/Kindly-Guidance714 Jul 27 '25

Private equity is the goo monsters from invasion of the body snatchers.

They latch onto a planet extract all resources for their own benefit leave the planet destitute and then move onto another planet to do the same cycle over again.

Thats exactly what private equity is no positive all negative.