Quote:
Originally Posted by wdfifteen
Private Equity - people who only want to make money take over companies that produce products and destroy their ability to produce. We really need the people who produce goods and services to have more power than those who only want to make money.
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You forgot leverage the value of the company to laden it down with debt - while charging fees at every turn - in order to pad the pension funds of public sector employees and those already wealthy enough to afford the upfront nut to get into a pe fund.