the private equity era of US governance - ThreadSky | a Reddit-style client for Bluesky

kissane.bsky.social • 12 days ago

the private equity era of US governance

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1strangeland.bsky.social•12 days ago

only if this allowed to go unchallenged

m4a1960.bsky.social•12 days ago

Exactly

dylanw.social•12 days ago

and about the enter the part where they launder their debt through a company, push it into bankruptcy, and walk away rich and debt-free

Toys’R’USA

kissane.bsky.social•12 days ago

POV you are a baby

kissane.bsky.social•12 days ago

[https://www.theguardian.com/business/2024/oct/10/slash-and-burn-is-private-equity-out-of-control]

dylanw.social•12 days ago

JFC every time I think I’ve heard the worst story about these greedy fuckers an even worse one appears

keidekay.bsky.social•12 days ago

Profit from misery morphed into misery FOR profit?

You don't say...

sbeen.bsky.social•12 days ago

POV you are a pet
(warning, the opening paragraph of the link is about the "dead bodies"):

https://www.thenation.com/article/economy/private-equity-pets-veterinarian/

ryanpatrickrandall.com•12 days ago

What? No one in this government has any experience acting like this! I'm sure their business prowess will create a financial tide that raises everyone's boats!

> The burden of [Trump's Atlantic City casino] failures fell on investors and others who had bet on his business
acumen.

kiplet.bsky.social•12 days ago

Private equity is the bunk.

iamkris10.bsky.social•12 days ago

Oh. ☹️

jklabs.net•12 days ago

😵‍💫

kissane.bsky.social•12 days ago

I can feel my academic friends grimacing at the inaccurate financial model but I think it’s spiritually about right

laurenshof.online•12 days ago

if they study PE they should be pretty accustomed to seeing inaccurate financial models tbf

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