If this story is right and PE firms just plunder why would banks keep giving them loans?
The author mentions red lobster but that wasn't PE that ran them into the ground it was a fishing company that bought them from PE.
They also seem to think PE only goes after public companies when that seems to be by far the exception.
This is just a poorly researched rage bait rant.
If you want something to complain about in PE look at tax treatments.
Everything that the financial industry does, increases the economic inequality in the long term, change my mind.
If this story is right and PE firms just plunder why would banks keep giving them loans?
The author mentions red lobster but that wasn't PE that ran them into the ground it was a fishing company that bought them from PE.
They also seem to think PE only goes after public companies when that seems to be by far the exception.
This is just a poorly researched rage bait rant.
If you want something to complain about in PE look at tax treatments.