The Chris Hedges Report with Pulitzer-prize winning reporter Gretchen Morgenson on how Private Equity billionaires bought up America and turned workers into serfs.
The U.S. economy is being held hostage by a small cohort of financiers who run private equity firms — Apollo, Blackstone, the Carlyle Group and Kohlberg Kravis Roberts. These equity firms buy up and plunder businesses, piling on debt, refusing to reinvest, slashing staff and often driving companies into bankruptcy. The object is not to […]
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