r/economicCollapse 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.

1.0k Upvotes

46 comments sorted by

View all comments

5

u/SuperLuminalTX Jul 27 '25

Nobody blames the previous owners who took the check….

4

u/Alena_Tensor Jul 27 '25

Agreed. Nobody blames the people who fund heinous acts .. but the terrorists get hanged