How private equity conquered America | The Chris Hedges Report
March 1, 2024
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43:08Now PlayingHow private equity conquered America | The Chris Hedges Report
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as posted by the channelPrivate equity firms are buying up the US economy and stripping it for parts. From healthcare to education, utilities, and more, massive firms like Blackstone and the Carlyle Group have acquired vast holdings across critical industries essential to the health and wellbeing of everyday people. Instead of seeking to make these ventures more profitable, private equity firms are more likely to orchestrate to bleed their assets for shortterm gainseven if those assets are univerisites, hospitals, or nursing homes. Gretchen Morgenson, author of These Are the PlunderersHow Private Equity Runsand WrecksAmerica, returns to The Chris Hedges Report to discuss how private equity came to hold America hostage. This is the second part of an earlier interview, you can watch the first part here
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Post-Production: Adam Coley
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