How private equity conquered America, The Chris Hedges Report

The Real News Network

Originally aired: Mar 1, 2024

Private 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 well-being 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 short-term gains—even if those assets are universities, hospitals, or nursing homes. Gretchen Morgenson, author of These Are the Plunderers: How Private Equity Runs—and Wrecks—America, 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: https://therealnews.com/the-collapse-...

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1.2.25 The Real News Network (USA): How private equity conquered America, The Chris Hedges Report - Everything is relevant...

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1.2.25 The Real News Network (USA): How private equity conquered America, The Chris Hedges Report - Everything is relevant...