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Stop the Steal: Revisiting Private Equity’s Plan to Pillage America (with Brendan Ballou)

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Private equity is looting America by exploiting vulnerable companies and extracting profits at the expense of workers, communities, and the broader economy. They've been buying up companies in every industry in the U.S. Economy and stripping them for parts. These massive firms have vast holdings across critical industries essential to the health and well-being of everyday people. Some recent examples include private equity's role in education, utilities, housing, and even in the healthcare sector, which led to the closure of hospitals and nursing homes, endangering public health. We thought it would be a good time to revisit this episode from 2023 with Brendan Ballou, a federal prosecutor and the author of Plunder: Private Equity’s Plan to Pillage America. In this episode, he explains how we can stop private equity’s plan to pillage America.

This episode originally aired on July 25, 2023.

Brendan Ballou is a federal prosecutor and served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division. Previously, he worked in private practice, and before that, in the National Security Division of the Justice Department, where he advised the White House on counterterrorism and other policies.

Twitter: @brendanballou

Further reading:

Plunder: Private Equity’s Plan to Pillage America

The Guardian - Slash and burn: is private equity out of control?

Website: http://pitchforkeconomics.com

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

YouTube: @pitchforkeconomics

Substack: The Pitch

  continue reading

355 episode

Artwork
iconBagikan
 
Manage episode 445254810 series 2473314
Konten disediakan oleh Civic Ventures. Semua konten podcast termasuk episode, grafik, dan deskripsi podcast diunggah dan disediakan langsung oleh Civic Ventures atau mitra platform podcast mereka. Jika Anda yakin seseorang menggunakan karya berhak cipta Anda tanpa izin, Anda dapat mengikuti proses yang diuraikan di sini https://id.player.fm/legal.

Private equity is looting America by exploiting vulnerable companies and extracting profits at the expense of workers, communities, and the broader economy. They've been buying up companies in every industry in the U.S. Economy and stripping them for parts. These massive firms have vast holdings across critical industries essential to the health and well-being of everyday people. Some recent examples include private equity's role in education, utilities, housing, and even in the healthcare sector, which led to the closure of hospitals and nursing homes, endangering public health. We thought it would be a good time to revisit this episode from 2023 with Brendan Ballou, a federal prosecutor and the author of Plunder: Private Equity’s Plan to Pillage America. In this episode, he explains how we can stop private equity’s plan to pillage America.

This episode originally aired on July 25, 2023.

Brendan Ballou is a federal prosecutor and served as Special Counsel for Private Equity in the Justice Department’s Antitrust Division. Previously, he worked in private practice, and before that, in the National Security Division of the Justice Department, where he advised the White House on counterterrorism and other policies.

Twitter: @brendanballou

Further reading:

Plunder: Private Equity’s Plan to Pillage America

The Guardian - Slash and burn: is private equity out of control?

Website: http://pitchforkeconomics.com

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

YouTube: @pitchforkeconomics

Substack: The Pitch

  continue reading

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