Marquee private-equity firms such as Blackstone Group, Carlyle Group, and Kohlberg Kravis Roberts have grown bigger and more powerful than ever. They have also become the nation's largest employers through the businesses they own. Journalist Josh Kosman explores private equity's explosive growth and shows how its barons wring profits at the expense of the long-term health of their companies. He argues that excessive debt and mismanagement will likely trigger another economic meltdown within the next five years, wiping out more than one million jobs.
Marquee private-equity firms such as Blackstone Group, Carlyle Group, and Kohlberg Kravis Roberts have grown bigger and more powerful than ever. They have also become the nation's largest employers through the businesses they own. Journalist Josh Kosman explores private equity's explosive growth and shows how its barons wring profits at the expense of the long-term health of their companies. He argues that excessive debt and mismanagement will likely trigger another economic meltdown within the next five years, wiping out more than one million jobs.
The Buyout of America: How Private Equity Is Destroying Jobs and Killing the American Economy
288
The Buyout of America: How Private Equity Is Destroying Jobs and Killing the American Economy
288Paperback
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Product Details
| ISBN-13: | 9781591843696 |
|---|---|
| Publisher: | Penguin Publishing Group |
| Publication date: | 11/30/2010 |
| Pages: | 288 |
| Product dimensions: | 5.40(w) x 8.40(h) x 0.80(d) |
| Age Range: | 18 Years |