This podcast episode explores the career of investigative journalist Gretchen Morgensen and her insights into the private equity industry. Morgensen discusses her journey from journalism to Wall Street and her motivations for writing about private equity. The episode delves into the practices of private equity firms, including the extraction of various fees and their impact on companies. It also examines the increasing involvement of private equity in healthcare and its negative consequences for patient care. The episode highlights the role of private equity in exacerbating wealth inequality and the need for regulatory oversight. Overall, it provides a comprehensive analysis of the private equity industry and its effects on America.