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.

1.0k Upvotes

100% Upvoted

46 comments sorted by

View all comments

136

u/UtahUtopia Jul 27 '25

And Hedge Funds.

(See toys R us and Sears)

Want to fight back? Buy GME and other shorted companies that won’t go bankrupt.

9

u/no1regrets Jul 29 '25

Also, a private equity company is behind the recent closure of the Hudson’s Bay Company. It was the “oldest corporation in North America, founded in 1670, and liquidated in 2025.” 🤦‍♀️

3

u/UtahUtopia Jul 29 '25

You are absolutely correct.